Futures
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Haha, this coin has lost momentum again! Dropped from 0.0193 in the morning to 0.0172 now, a 11% decline in a day. The peak of 0.024 feels like a distant memory, as exciting as riding a roller coaster!
Now the bears are starting to counterattack: the price keeps falling, the EMA line is turning downward, and the MACD has turned negative, like a deflating balloon.
Large investors are fleeing: in the past half hour, whales bought 180k U and sold 270k U; traders bought 270k U and sold 300k U. The sellers are clearly more aggressive, indicating everyone is rushing to escape.
A short-term rebound to 0.018-0.019 would be good; 0.02 has become a major resistance level. Want to push for a new high? Only if the whales get drunk and push the price up again.
Can we short?
Yes, but don’t be too greedy!
Wait for the rebound to 0.018-0.0185 before shorting, trade lightly, don’t be greedy! Take profits and run.
Don’t hold heavy positions! This coin can turn around at any moment, and even bears can get caught off guard.
Summary: This coin is now on the downhill of a roller coaster, falling fast and bouncing quickly. Play with your pocket money, but if you want to get rich from it? Better buy a lottery ticket! Watching the show is the safest! $BULLA