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Recap of the process of earning 12,000 USDT from STO: this coin experienced a sharp downward spike before rising. Specifically, on April 1st at 1 a.m., it was injected with a big spike, and after that, it started soaring all the way up. I didn't notice the spike at that time, but if I had, I might have made even more profit. The next day at noon, STO rose to 0.24 and made it onto the gainers list. By then, STO's increase had already reached 100%. I believe there is a high probability that this coin will continue to rise, waiting for a chance to revert to the 4-hour or 1-hour moving average. However, STO is extremely strong; it only retraced to the 15-minute chart. I wouldn't buy based on the 15-minute chart. It continued to surge strongly to around 0.4. At 1 a.m. today, STO reverted to the 1-hour moving average and then immediately shot up. I felt that STO was not simple; this kind of strength is comparable to the ancient monster coin MYX, even more powerful than recent power and siren coins. So I stayed awake early this morning, waiting for an entry opportunity. At 4 a.m., STO reverted to the 1-hour moving average again, and this time I didn't hesitate—I jumped in immediately.
Why could I hold on for so long and gain so much? Because recently, these monster coins often have huge gains, providing plenty of fuel for shorting. Also, these coins are not sold off all at once, giving me confidence to hold. When to sell? Usually, when the hourly chart gains 50 points, it's time to take profit. So when I saw the spike to 1.8 USDT without breaking through, I took profit. $STO #Gate广场四月发帖挑战