USELESS This wave of market movement is quite interesting. Starting from the bottom, it has risen for 6 consecutive days, with a gain of over 100%, which looks quite fierce. However, last night the price couldn't push higher and then started to fall back. Although there was a rebound this morning, it remained below the previous high point, clearly indicating that the bulls are losing strength. The current rebound has already completed, and short-term resistance is still quite significant. From the chart, the probability of the price turning downward again is quite high, and there should be plenty of short-term bearish opportunities.
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SmartMoneyWallet
· 01-07 19:00
A typical trap to lure in buyers and then surge; whether a 6-day doubling is sustainable depends on the distribution of the chips.
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ChainPoet
· 01-07 18:06
It was clear last night that the top has been reached; the bulls really have no chance. Today's rebound is probably the final struggle.
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OnChainSleuth
· 01-07 06:24
It starts to weaken after doubling, I know this routine too well, they're just here to harvest more retail investors again.
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SleepyValidator
· 01-05 17:42
This wave of USELESS doubling in 6 days is indeed fierce, but hitting a wall at a high level signals trouble ahead. The shorting opportunity has arrived, girls.
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DataBartender
· 01-05 03:57
They're dumping again, crashing as soon as it goes up.
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CompoundPersonality
· 01-05 03:57
Want to run after doubling? I think it's a joke, this is just the beginning.
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TokenomicsTinfoilHat
· 01-05 03:56
Oh no, this resistance level really can't hold, it feels like it's going to drop.
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FOMOSapien
· 01-05 03:56
You should have run the moment the short position broke through. Looking at the chart now, there really is no hope.
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YieldHunter
· 01-05 03:43
ngl, technically speaking if you look at the data here... classic pump rejection at resistance. that rejection candle screams weak hands to me. already calculating the risk-adjusted metrics on this one and the correlation coefficient just doesn't add up for longs rn
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StablecoinArbitrageur
· 01-05 03:30
actually if you run the numbers on USELESS's order book depth rn, that rejection at resistance screams liquidity trap setup. classic 6-day pump exhaustion pattern—slippage on the unwind's gonna be brutal for retail fomo buyers lol
USELESS This wave of market movement is quite interesting. Starting from the bottom, it has risen for 6 consecutive days, with a gain of over 100%, which looks quite fierce. However, last night the price couldn't push higher and then started to fall back. Although there was a rebound this morning, it remained below the previous high point, clearly indicating that the bulls are losing strength. The current rebound has already completed, and short-term resistance is still quite significant. From the chart, the probability of the price turning downward again is quite high, and there should be plenty of short-term bearish opportunities.