Recently, this coin's performance has been quite interesting. It has been rising for the past two days, with a rebound of nearly 40%, looking very vigorous. But a closer look at the 1-hour K-line shows that after reaching the top, the price started to weaken. The downward signs in these candles are very obvious, with market buying momentum waning and selling pressure gradually taking over. From a technical perspective, the downtrend has basically been established, and there is a good chance that the space for further decline is open. If you are interested in this coin, now might be a good entry point for shorting.

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DYORMastervip
· 4h ago
A 40% rebound and you're about to sell? I think this is just accumulation.
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SandwichTradervip
· 14h ago
Same old trick, rises happily and rebounds quickly, but a look at the 1h chart reveals the true face.
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AltcoinHuntervip
· 14h ago
A 40% rebound just scared me? I said the same thing last time, and ended up getting beaten down to the point of cutting losses. Now I doubt everyone's technical analysis. No, no, no. I’m convinced by your 1-hour K-line logic. Exhausted buying pressure, takeover by selling... I feel like every time at a high level, I hear this kind of reasoning, and then it just takes off. This wave of shorting? Bro, I really don’t dare anymore. Last time, I went all-in on short positions based on the "trend is established" analysis, and now I’m still in the ICU.
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MemeTokenGeniusvip
· 14h ago
Starting to bearish after a 40% rebound, I've seen this tactic too many times.
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