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$HIGH Dog trading likely completed the first round of shipment, currently in a high position pullback phase, the short-term certainty of 'takeoff' is very low, and the risks far outweigh the opportunities.
Dog trading subsequent operations simulation
1. Short-term: Likely oscillating in the 0.28-0.35 range to consolidate the bottom, on one hand, washing out retail investors who are buying at high positions, on the other hand, testing the support below, while using slight rebounds to entice more buyers and attract funds.
2. Mid-term: If there are no new positive developments, the main force will likely continue to distribute the remaining chips, and the price will gradually decline, returning to below 0.2; only in extreme cases will it utilize market sentiment to make another rebound to entice more buyers, aiming to trap the last batch of following funds.
The current position belongs to the 'end phase of shipment' after a surge, without strong driving force, it is not recommended to take risks lightly!
#GatePreIPOsLaunchesWithSpaceX