$BULLA Look at this situation, the price has dropped from over two cents all the way down to 1.6 cents, a nearly 20% decline, like sliding down a slide—unstoppable. On the market chart, although the big players (whales) bought more, they sold even more aggressively, and now the price has long fallen below their average purchase price, meaning the main force is also caught in a small trap themselves.


Currently, this position is quite awkward, unable to go up or down. Want to buy the dip? The knife hasn't fallen yet; want to chase the short? But afraid that the big players might suddenly push the price up to save themselves.
Strategy: prepare for both hands:
1. Stay steady, don’t overreact: The current line looks like a twisted doughnut, watch more, act less. Wait until it either violently crashes below 0.015 to catch its breath, or volume increases and it recovers above 0.018 before acting.
2. Sneaky tactics (test the waters): If you're itching, just hold a small position with an Ant wallet around 0.0165, keep a long order there, and if it breaks below 0.016, quickly run; don’t hold on stubbornly. Those with strong hands holding heavy positions now are more likely to become martyrs. Better to earn a little less than to stand on the mountain ridge and catch a cold wind.
3. Stubborn: If you really want to short, wait until it shows a rebound near 0.0185 before taking action, with a stop-loss at 0.0195. Going short at this position directly isn’t cost-effective, and you might get reversed and killed. #Gate广场四月发帖挑战
BULLA-14,31%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin