This Meme coin has been quite popular recently. From a technical perspective, the current price is at 0.1322, with a good intraday increase of 6.36%. The buying volume accounts for 53.68%, surpassing the selling volume, which is a positive signal. The short-term moving averages are very close (MA7 at 0.1409, MA25 at 0.1395), indicating that the price is consolidating and may break through the moving average resistance. The trading volume remains active, and the capital attention is also decent. Once the price breaks above the sell pressure zone at 0.1339, based on historical experience, there is a chance to accelerate towards the 0.14-0.15 range.
If you want to position yourself, now could be a good time to enter with a small position. Pullbacks often present low-entry opportunities. However, these types of coins tend to be quite volatile, so be sure to set stop-losses properly. A quick in-and-out trading approach would be more prudent.
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SpeakWithHatOn
· 01-10 03:32
Uh, once again, this is a coin that looks good technically but is actually just gambling. I'm really convinced.
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MA7 above MA25, sounds impressive, but meme coins crashing is just a matter of one night.
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Entering with a small position sounds stable, but losing with a small position can be quite exhausting, isn't it?
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0.14 to 0.15? Ha, if it were that easy, it would have already risen to that level.
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Buy pressure over sell pressure is only 53.68%, so tense, still hoping to push higher.
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Quick in and out sounds easy, but once you're trapped, no one can escape.
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I've heard "active trading volume" so many times, but in the end, it still gets smashed through.
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I don't understand why everyone is so obsessed with meme coins; it's almost like gambling.
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Setting a stop-loss is correct, but only if you’re really willing to cut losses.
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By the way, how hard did this coin fall before? Why is it rising again now?
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LongTermDreamer
· 01-09 19:09
Well, I am a bit optimistic, but I still stick to my original point that it takes three years to see the results. If this wave can reach 0.15, it would really be a huge profit.
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LiquidationAlert
· 01-09 12:52
Another coin that's hyped up with technical analysis. Honestly, I don't really believe in this moving average theory.
Small positions can be gambled with, but if you're going all-in, you're crazy to do that.
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faded_wojak.eth
· 01-09 12:49
Same old rhetoric, moving averages, buy orders, breakouts... listening to it all until your ears are calloused
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Small position lurking? I think this wave is just a fake-out, don’t be fooled by the trading volume
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Agree on setting stop-loss at this point, otherwise you’ll get cut quickly
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0.14 to 0.15? First break 0.1339 before bragging, it’s a bit early to call for a sprint now
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If buy orders outweigh sell orders, that’s a signal, then every pump has a chance...
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I really don’t understand this kind of meme coin, it’s too much of a gambling vibe
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Fast in and out indeed, holding for too long will crush your mentality
View OriginalReply0
UnluckyMiner
· 01-09 12:38
Another meme coin is about to take off, but I still feel a bit uncertain.
I'm optimistic about the target of 0.14-0.15, but don't expect it to climb steadily. These kinds of coins are just so unpredictable.
You can try with a small position; anyway, as long as the stop-loss is set, there's nothing to fear. The only worry is getting caught off guard and being trapped.
This Meme coin has been quite popular recently. From a technical perspective, the current price is at 0.1322, with a good intraday increase of 6.36%. The buying volume accounts for 53.68%, surpassing the selling volume, which is a positive signal. The short-term moving averages are very close (MA7 at 0.1409, MA25 at 0.1395), indicating that the price is consolidating and may break through the moving average resistance. The trading volume remains active, and the capital attention is also decent. Once the price breaks above the sell pressure zone at 0.1339, based on historical experience, there is a chance to accelerate towards the 0.14-0.15 range.
If you want to position yourself, now could be a good time to enter with a small position. Pullbacks often present low-entry opportunities. However, these types of coins tend to be quite volatile, so be sure to set stop-losses properly. A quick in-and-out trading approach would be more prudent.