ThePope1

The Niu Lai coin looks somewhat interesting on the 3-day candlestick chart. Let me briefly share my speculation 📊
The average entry price is 0.12519, while the current price is 0.09935, representing a substantial decline, with the 24-hour drop approaching 12%.
After an earlier rally peaked at 0.16417, the price continued to retreat, and the MA5 moving average is now above the price, creating resistance.
Speculation:
1. Funds had already begun selling in batches at the previous high, as indicated by the S sell-point markers on the chart. The coin is currently in a correction phase; 0.09 below

Can it be played like this?