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Currently around 1.341 USDT. Do you think we should keep grinding higher, or is it about time for a pullback?
If I had to give a conclusion, I would lean more towards: after a push higher, first undergo a shakeout.
Here's my main perspective:
First, this rally seems more like an emotional surge, and the follow-through hasn't caught up yet.
Second, divergence at high levels is starting to widen, making a short-term shakeout more likely.
To add, I only trade high-emotion tokens at the top; I avoid low-priced slow-rising coins and weak coins that have already fallen apart.
My targeted entry point: 1.352 USDT
Estimated target price: 1.271 USDT
Stop-loss reference: 1.384 USDT
But the biggest risk at this level is a sharp drop followed by an immediate rebound.