$BLUAI This pull is definitely somewhat interesting. In 24 hours it’s up 71%; the high touched 0.0226, while the low was only 0.0121—its amplitude has basically doubled. The trading volume is close to $200 million; the volume is truly there, not one of those price pumps with thin volume.
My take is that this move hasn’t finished yet, but I don’t recommend chasing it at current levels. 0.0213 is a psychological level. If it drops, the 0.0190–0.0200 range would be a decent entry zone. Set your stop-loss at 0.0175—if it breaks below, get out; no extra talk. If it breaks upward and holds above 0.0230, the next stop is around 0.0265. There won’t be many trapped holders there, and the odds of making that push aren’t small.
But be careful: pull-up moves like this can retrace quickly too—especially if the overall market BTC suddenly dips. Don’t stubbornly hold through it. If you’re going long, wait for a pullback; staying in cash and watching from the sidelines is also fine. Don’t stand guard at the top.
My take is that this move hasn’t finished yet, but I don’t recommend chasing it at current levels. 0.0213 is a psychological level. If it drops, the 0.0190–0.0200 range would be a decent entry zone. Set your stop-loss at 0.0175—if it breaks below, get out; no extra talk. If it breaks upward and holds above 0.0230, the next stop is around 0.0265. There won’t be many trapped holders there, and the odds of making that push aren’t small.
But be careful: pull-up moves like this can retrace quickly too—especially if the overall market BTC suddenly dips. Don’t stubbornly hold through it. If you’re going long, wait for a pullback; staying in cash and watching from the sidelines is also fine. Don’t stand guard at the top.