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$4 Suddenly surged—it's almost at the 200-day moving average. You can short it near the 200-day moving average and place a stop loss.

4-6.58%
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0xSecondThought
· 3h ago
Thelongandshortpositionsarecrowdedhere.Ichoosetowatchtheshow.Youguysfightfirst.
View OriginalReply0
SeaSaltSparklingWater
· 3h ago
Nearthemovingaverage,it'sahabitualfalsebreakout—waitforthecandlecloseconfirmationbeforetakingaction.
View OriginalReply0
BridgeBurned
· 4h ago
Youcanshort,butdon'tgoheavy,theliquiditywillcauseliquidationdirectlyifitpumpsanddumps.
View OriginalReply0
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Pragmatists
· 5h ago
The 200-day moving average resistance is indeed strong, but the momentum at $4 is a bit unusual, so the stop-loss needs to be set tighter.
View OriginalReply0
GateUser-0fdb3438
· 5h ago
I've placed a short order at the 200-day moving average, set a 3% stop loss, whatever.
View OriginalReply0

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