$$BLESS 0.0098 This level has been watched for three days. It surged to 0.0102 in 24 hours but was smashed down. The trading volume is 23.5 million, and the turnover rate has exploded. Do you think this is the top? I tell you, this shakeout isn't over yet, but I’ve already figured out the dealer’s hidden cards.


Let's review the trading steps: First, accumulate at the low point of 0.0079, with volume shrinking to minimal levels, causing retail investors to cut losses and exit; second, push up to 0.0102, with volume expanding to 23.5 million, but after the high-level orders are eaten up, it immediately pulls back. This is a typical “test the market + fake breakout,” aiming to lure in chasing buyers and then smash down to scare off panic sellers. Third, now the price is oscillating around 0.0098, with the order book showing thick sell orders but continuous buy absorption at the best bid. The big players are suppressing the price to accumulate, and once the floating supply is absorbed, the next surge will be a real breakout.
Data doesn’t lie: 24-hour increase of 21.76%, but the highest price of 0.0102 was precisely sniped, indicating resistance above. However, the support at 0.0079 has been validated. My strategy is to hold half a position at the current price of 0.0098, set a stop-loss at 0.0092 (must exit if it breaks the previous low), and take profit at 0.0115. If volume breaks through 0.0102, add a small position of 0.002 to chase the breakout, keeping total position within 30%. Remember, this market is driven by short-term pulses from the big players, not a trend reversal. Don’t be greedy.
Someone asked why I’m so confident. Because I’ve seen too many similar setups. Now, at 0.0098, it’s either a shakeout point before a launch or a prelude to a second bottom. But I bet the big players won’t spend 23.5 million in volume just to create an M-top. Check the on-chain data: large buy orders are increasing, while retail orders are shrinking.
Trading advice: free riders should get in now, set your stop-loss properly, and don’t hold through the volatility. If tomorrow morning remains sideways, I’ll cut half to lock in profits. Remember, you’re competing against the big players, not dating the candlesticks. The market doesn’t lie.
BLESS28.09%
View Original
post-image
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
  • Pinned