H Coin's recent market movement is really interesting. The 1-hour chart just suddenly surged by 10 points to reach a high level, almost breaking through the resistance zone, but then the trading volume suddenly dropped off.
Looking at the chart pattern, it's clearly a double top formation firmly in place. The buy orders above can't sustain, and the market sentiment has lost momentum. At this point, continuing to push aggressively? Haha, it's very easy to become the main force's target for harvesting.
The key is whether we can effectively break through this range. If it can't break through again, a sharp decline is almost certain. So the current strategy is to closely monitor the market; as soon as there are signs of a pullback, it's an immediate trading opportunity. Don't wait until the market crashes to react—by then, it's too late to escape.
Futures trading works like this: sometimes, a pullback is a good entry point.
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GateUser-6bc33122
· 9h ago
Double top dead pin, declining volume, this is the signal that the main force is absorbing the chips.
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UncleLiquidation
· 9h ago
The double top is dead. If it peaks again, it will be the bag holder. Waiting for a pullback is the real move.
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orphaned_block
· 9h ago
The same old trick of cutting leeks is starting again. Can it break through this time? I bet five bucks it won't.
As soon as the volume drops, it's time to run. Those still dreaming are all cannon fodder.
How fierce would a double top crash be? Just looking at it makes me uncomfortable.
I'm fed up with this market. It's all set up in patterns. Wake up, everyone.
Waiting for a pullback? Bro, you're just waiting to get trapped.
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FlashLoanLarry
· 10h ago
volume dried up right at the worst possible time... classic liquidity trap energy. that double top isn't breaking today, basis points say so
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HorizonHunter
· 10h ago
It's the same old trick again; as soon as the volume drops, you know a crash is coming.
Really, the double top pattern is as dead as it can be. Brothers chasing the high, be careful.
A pullback is the real opportunity; don't panic and chase the top.
If it can't break through this time, it feels like things might get messed up.
With the market so dull, it seems like the main players are holding back a big move.
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BugBountyHunter
· 10h ago
Is the double top still suppressing? I think this is a trap set by the main force, don't get cut off.
H Coin's recent market movement is really interesting. The 1-hour chart just suddenly surged by 10 points to reach a high level, almost breaking through the resistance zone, but then the trading volume suddenly dropped off.
Looking at the chart pattern, it's clearly a double top formation firmly in place. The buy orders above can't sustain, and the market sentiment has lost momentum. At this point, continuing to push aggressively? Haha, it's very easy to become the main force's target for harvesting.
The key is whether we can effectively break through this range. If it can't break through again, a sharp decline is almost certain. So the current strategy is to closely monitor the market; as soon as there are signs of a pullback, it's an immediate trading opportunity. Don't wait until the market crashes to react—by then, it's too late to escape.
Futures trading works like this: sometimes, a pullback is a good entry point.