$4 These past two days have seen a strong surge, but I'm not in a rush to chase now.



The price is stuck around 0.03 USDT, with the 4-hour RSI soaring to 77, clearly overbought. At this point, placing buy orders upward is just giving away money. I choose to wait for it to correct and consolidate on its own.

**Why not buy now?**

One reason is the big 24-hour rally and being at a high level. More importantly, on the 1-hour chart, the MACD is showing signs of a top divergence — the price is still making new highs, but the histogram has already turned downward. Such signals have historically been a precursor to short-term correction. The reason I didn't dare to buy earlier is simple: chasing the high at the current price offers a poor risk-reward ratio, and setting a stop-loss is difficult.

My logic is clear: **After a big rally, a correction is inevitable; the correction is the best time to enter**. Positioning at secondary support levels, then waiting for a rebound to reach new highs, is a healthy swing trading approach.

**Specific operation plan:**

No need to rush into the position. Wait until the price retraces to the 0.028-0.029 USDT range and shows small-scale stabilization signals, then gradually add light positions to test. Set the stop-loss at 0.0275; if it breaks below, it indicates the pattern is broken, and you must exit.

What’s the target? First, watch for 0.032, then take partial profits there. Keep the remaining position to protect capital and aim for 0.034. Calculated this way, the risk per trade is about 0.0015 USDT, with potential gains of at least 0.003 USDT — a risk-reward ratio of over 2:1, making it very worthwhile to wait.

Honestly, lately I’ve been losing money, so I must stick to the principle of "not acting until the optimal entry point." High reward-to-risk trades often help you regain your rhythm and are more reliable than frequent trading.

*This is just my personal trading idea and does not constitute investment advice.*
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DancingCandlesvip
· 3h ago
This guy's patience really impresses me. Even when RSI soared to 77, he still managed to hold on. I was already itching to act. Wait, a 0.0275 stop-loss is a bit tight, what if it gets broken through? I'm also waiting for a pullback, but it feels like the support level of this coin is a bit weak, so I need to be cautious. Speaking of chasing highs, it's really like giving away money—lessons learned the hard way. I feel like it needs to drop a bit more to be safer; you might be jumping in too early at this level. A pullback after a big surge is normal, but this coin's rebound is a bit fast, so I need to watch out for a reversal. I don't have that much discipline; I see a rise and want to jump in, but I always get caught. Setting the take-profit at 0.032 is a bit conservative; if it breaks above that, wouldn't it be a waste? That's a good point, but executing it is difficult. I tend to be the kind whose plans can't keep up with changes. Waiting for 0.028 is indeed a good entry point, but I'm worried it might rebound again when it pulls back to that level.
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SchrödingersNodevip
· 01-06 00:38
This guy's point is spot on, I think the same way, just waiting. If it can't break 0.028, I won't buy in; what's the point of chasing high and throwing money away? The risk-reward ratio is what really matters, everything else is pointless. Another one caught in a trap, haha, let's wait for the rebound together. I'm tired of chasing highs; this time, I'm determined to wait for a correction.
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TokenSleuthvip
· 01-05 02:51
Yeah, this wave of RSI soaring to 77 definitely shouldn't have chased. I'm also waiting for a pullback. Wait, can you really set your stop-loss at 0.0275? Feels like this coin is too easy to fake a dip. You're right, chasing highs is like giving away money. I only understand this after suffering losses. I'm also watching the support level at 0.028. Let's get in together when the time comes. People who have suffered losses are the most credible; this logic is sound. I believe in the pattern of a big rise followed by an adjustment. I'm just worried it might rally again halfway through the correction. Target at 0.034? That's greedy. I'm ready to take half profits at 0.032. A risk-reward ratio of 2:1 to start with—that's professionalism. Unlike me, who keeps gambling and going all-in.
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MidnightGenesisvip
· 01-05 02:50
On-chain data indeed shows that this wave of gains is a bit outrageous, and RSI breaking 77 really warrants caution. As expected, the MACD top divergence has reappeared. Late-night market analysis reveals that these kinds of signals often fail within half an hour. I'll also be prepared to position myself when it retraces to the 0.028 level. According to your logic, the risk-reward ratio is indeed justifiable. It's worth noting that most people chasing the high are actually handing over their positions to the smart money.
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StakeTillRetirevip
· 01-05 02:36
Ha, it's that same "waiting for adjustment" story again. The last time I heard this, I missed the chance to rise to 0.05. The logic sounds solid, but when it actually hits that level, you'll regret it. That's the magic of trading. I agree that stop-losses should be set properly, but I think your 2:1 ratio is a bit conservative. If the market is favorable, 0.034 is definitely not the ceiling. Sticking to the wait takes courage, unlike me, who wants to rush at the green light. I'm also watching this support level. If it really drops to 0.028, let's set up together and not let the bears get comfortable. Here we go again with the risk-reward ratio. Is this really the time, or are we about to get wrecked again? Waiting for your good news. If this time you really hit the right rhythm, I’ll be convinced.
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