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Many people still doubt whether the rebound is fake, but $EIGEN has already answered with price. I took my long from 0.2145 to 0.2335; current profit is +426.88%. This move has been more decisive than expected.
Earlier, I also noticed this level; what truly caught my attention was that after the sell-off, it didn’t keep breaking down. After the shorts smashed it, they didn’t have volume—price action started to move sideways. In plain terms, the rhythm has changed: before, it was being pressed down; now, if it can’t fall, capital pushes it up.
In this kind of market, the biggest fear isn’t that you misjudge—it’s that when the signal comes, you still don’t dare to act. After entering the long, I wasn’t looking at just one bullish candle; I was watching whether it could keep holding with continuous support. Now that the trading range has opened up, brothers with big positions can handle it in batches first, and the rest should be with protective stops. Don’t give back your profits to “test your nerve.”
If you miss it, don’t force the chase. After a surge, rushing in tends to eat back the drawdown. Don’t chase—wait for the next opportunity to be safer.
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