1,331 That wall of selling got gnawed away bite by bite; SNDKB failed to push through by five percentage points, and in the night session it surged the hardest.
It rose 6.25%, but turnover was only 0.39 billion.
This kind of squeeze with shrinking volume—without real money coming in—feels like people in the venue pulling themselves to look good.
RSI is already 80.2, lying in the overbought zone.
Chasing long at this spot is handing a knife to the people ahead.
Price is riding on MA5=1325, and right beneath it is the 5-day line.
If it holds at 1325, the bulls can still keep talking (stalling).
If it breaks below 1325, short-term traders will collectively take profit; the first step to watch is MA20=1297.
MA20 will most likely offer resistance. The real place to take inventory is at 1226.8.
This layer is the confirmed trading zone repeatedly checked earlier.
I plan to come in on a pullback to 1226.8 as long as it doesn’t break, with a stop-loss below 1193.4.
This is the tolerance range I personally can accept—if it breaks, I admit I’m wrong.
Above, 1331.1 and 1330.4 are less than a point apart—basically the same wall.
For a breakout, volume needs to expand—at least double the current level. Otherwise, even if it “breaks,” it’s a false breakout.
MACD is still bullish; DIF=17.94.
But it makes a new high while hugging 1331 and the volume is even lower than before—shrinking-volume new highs, so sentiment-driven trading is quite likely.
Whether it can continue tomorrow morning depends entirely on whether the evening session adds volume.
I won’t chase. I’ll wait for a pullback to 1226.8, or chase only if it breaks 1331 with increased volume.
Behind this wall there’s no volume, so I won’t chase—I'll wait to buy on a pullback.
#BTC #ETH #SNDKB #涨幅榜 #shill coin
It rose 6.25%, but turnover was only 0.39 billion.
This kind of squeeze with shrinking volume—without real money coming in—feels like people in the venue pulling themselves to look good.
RSI is already 80.2, lying in the overbought zone.
Chasing long at this spot is handing a knife to the people ahead.
Price is riding on MA5=1325, and right beneath it is the 5-day line.
If it holds at 1325, the bulls can still keep talking (stalling).
If it breaks below 1325, short-term traders will collectively take profit; the first step to watch is MA20=1297.
MA20 will most likely offer resistance. The real place to take inventory is at 1226.8.
This layer is the confirmed trading zone repeatedly checked earlier.
I plan to come in on a pullback to 1226.8 as long as it doesn’t break, with a stop-loss below 1193.4.
This is the tolerance range I personally can accept—if it breaks, I admit I’m wrong.
Above, 1331.1 and 1330.4 are less than a point apart—basically the same wall.
For a breakout, volume needs to expand—at least double the current level. Otherwise, even if it “breaks,” it’s a false breakout.
MACD is still bullish; DIF=17.94.
But it makes a new high while hugging 1331 and the volume is even lower than before—shrinking-volume new highs, so sentiment-driven trading is quite likely.
Whether it can continue tomorrow morning depends entirely on whether the evening session adds volume.
I won’t chase. I’ll wait for a pullback to 1226.8, or chase only if it breaks 1331 with increased volume.
Behind this wall there’s no volume, so I won’t chase—I'll wait to buy on a pullback.
#BTC #ETH #SNDKB #涨幅榜 #shill coin