$TRADOOR Today, a big pump of 40% has triggered market follow due to the severe Fluctuation before the 5-dollar integer level.
From the data on the market, this wave of rise is accompanied by a massive trading volume of 473 million and an unusually high turnover rate. Historical experience tells us that high-volume trading at high levels is often not a good sign—real main upward waves are usually accompanied by moderate volume, while this explosive trading seems more like chips are being accelerated to change hands.
The integer level of 5 dollars is like a psychological magnet, easily creating the illusion of "breakthrough and fly." But if you think about it calmly, a large rise in a short period of time will inevitably face the pressure of a correction technically. The market never moves in a straight line; the steeper the upward curve, the more intense the pullback tends to be.
If you really have the idea of shorting, you can follow the rebound range of 5.05-5.15, but be sure to set the stop-loss defense line at 5.35—just in case your judgment is wrong, and the market really breaks through the previous high of 5.2 and continues to big pump, it's better to recognize the mistake in time than to stubbornly hold on.
The support below can be seen at 4.5 (possibly filling the gap) and 4.0 (near the starting point of the rise). According to technical calculations, a pullback of more than 20% is not impossible.
Of course, this is just one opinion based on the technical side. The market is ever-changing; after a big pump, will it continue to break through or will it peak and fall back? Everyone should weigh the risks themselves. Remember that old saying: when it rises quickly, it also falls quickly.
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LazyDevMiner
· 4h ago
It's the same old story, when there's a massive higher trade volume, they say the chips are changing hands, and when it hits 5, they talk about psychological magnets. How come it falls for the same old tricks every time?
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A 40% rise in one day? I've really never dealt with such a stock, still have to see what the Holdings say.
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Stop loss at 5.35? Brother, are you gambling or paying tuition fees?
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Saying 4 is the support is a bit too safe, right? After such a big fall, a bunch of people will definitely get trapped.
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A massive transaction volume isn't necessarily a bad thing, it could also mean that institutions are really accumulating. This simple logic can be reversed too.
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I just want to know, did those who said "pullback" get slapped in the face by the limit up at 5 yesterday?
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Technical calculations are nonsense; in this market, it's all about the funds calling the shots. No matter how many lines you draw, it's just nonsense.
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20% pullback space, just listen to it, don't take it as gospel.
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AirdropHustler
· 4h ago
Once again, this strange higher trade volumes indicates that the market maker is dumping. The integer level of 5 is too enchanting, making it easy to fall into a trap.
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The massive trading volume is a signal that the chips are being thrown to retail investors; this wave of rise will definitely not end so simply.
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With such a sharp 40% rise, technically there must be a whipsaw, and I dare to bet on shorting near 5.
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If it really drops to around 4.5, I will buy the dip at the first moment, but the premise must be to set a good stop loss.
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Damn, this kind of game of creating highs is back; if you can avoid it, just avoid it, everyone.
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Honestly, I've seen too many such tricks; a rapid rise means a rapid dump, and a 20% pullback is unavoidable.
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I just want to know how many people will be trapped near 5; the proportion might not be small.
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High position higher trade volumes is really not a good signal; this formula works every time.
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Instead of getting tangled up in whether to break through or pull back, it’s better to think about when to admit defeat.
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Don't stubbornly hold on; just set a good stop loss. In this market, living is more important than being stubborn.
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GasGrillMaster
· 4h ago
It's this trap again; the higher trade volumes just mean a dump. Just watch, 5 dollars is just a pit.
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ColdWalletAnxiety
· 4h ago
40% in a day? This trading volume looks really concerning, feels like something's going to happen.
It's another psychological game at the round number, every time it’s the same trick.
Rising this quickly really makes me hesitant to buy in, the 5-dollar mark feels very fragile, be careful of catching a falling knife, everyone.
If shorting, make sure to set a good stop loss, otherwise the feeling of being trapped is just too uncomfortable.
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CrossChainBreather
· 4h ago
A surge in trading volume is a signal to dump, don't be fooled by the $5 round number.
Is it another high-volume situation? This trick has been played too many times.
The rise has been so rapid that it really feels a bit hollow; I’ll stick with $4 and wait for a pullback.
With the chips changing hands so quickly, the market makers must have already run away.
I think a breakthrough at $5 is unlikely; the probability of going down is much greater.
Don't chase the price, everyone; setting a stop loss is the way to go.
Such explosive rises are often the beginning of playing people for suckers.
$TRADOOR Today, a big pump of 40% has triggered market follow due to the severe Fluctuation before the 5-dollar integer level.
From the data on the market, this wave of rise is accompanied by a massive trading volume of 473 million and an unusually high turnover rate. Historical experience tells us that high-volume trading at high levels is often not a good sign—real main upward waves are usually accompanied by moderate volume, while this explosive trading seems more like chips are being accelerated to change hands.
The integer level of 5 dollars is like a psychological magnet, easily creating the illusion of "breakthrough and fly." But if you think about it calmly, a large rise in a short period of time will inevitably face the pressure of a correction technically. The market never moves in a straight line; the steeper the upward curve, the more intense the pullback tends to be.
If you really have the idea of shorting, you can follow the rebound range of 5.05-5.15, but be sure to set the stop-loss defense line at 5.35—just in case your judgment is wrong, and the market really breaks through the previous high of 5.2 and continues to big pump, it's better to recognize the mistake in time than to stubbornly hold on.
The support below can be seen at 4.5 (possibly filling the gap) and 4.0 (near the starting point of the rise). According to technical calculations, a pullback of more than 20% is not impossible.
Of course, this is just one opinion based on the technical side. The market is ever-changing; after a big pump, will it continue to break through or will it peak and fall back? Everyone should weigh the risks themselves. Remember that old saying: when it rises quickly, it also falls quickly.