1.8 bought is still wrapped
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Powerpei
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Staring at the market of $IP for a while, I felt a clear bottom repair signal.
Current price $1.085, MACD has already golden crossed, and the volume is gently increasing.
But compared to the K-line, I pay more attention to the underlying logic: the team has actively postponed the massive unlocking until August.
This is equivalent to buying a non-dumping insurance for the market in the next six months.
Before breaking the pressure level of $1.10, the current $1.08 is the best left-side ambush area.
There is a solid support at $1.059 below, and a long-term narrative of AI x IP above.
I really like the profit-loss ratio of this trade.
Current price $1.085, MACD has already golden crossed, and the volume is gently increasing.
But compared to the K-line, I pay more attention to the underlying logic: the team has actively postponed the massive unlocking until August.
This is equivalent to buying a non-dumping insurance for the market in the next six months.
Before breaking the pressure level of $1.10, the current $1.08 is the best left-side ambush area.
There is a solid support at $1.059 below, and a long-term narrative of AI x IP above.
I really like the profit-loss ratio of this trade.
