$Bull is here, bull is here—sentiment ignites 🔥 But the 15m line has been 5 consecutive green candles, with average amplitude of 9.38% and maximum fluctuation of 16.53%. The short-term is already showing overheating ⚠️ Current price is $0.11329. The level at 0.12 has been probed multiple times with wick insertions but failed to hold. Chasing longs has a low cost-performance ratio.
📌 Short-term strategy:
1️⃣ If it pulls back to 0.105–0.10 support without breaking, try a long position with a light size. Stop loss at 0.098. Target 0.118–0.125.
2️⃣ If it attempts to break higher to 0.118–0.12 and is rejected with stalled rise on increased volume, consider a light-sized short. Stop loss at 0.125. Target 0.105.
💡 With high volatility and consecutive green candles, keep position size within 10% to guard against wick traps. The bull is hot, but taking profit is the way to go.
📌 Short-term strategy:
1️⃣ If it pulls back to 0.105–0.10 support without breaking, try a long position with a light size. Stop loss at 0.098. Target 0.118–0.125.
2️⃣ If it attempts to break higher to 0.118–0.12 and is rejected with stalled rise on increased volume, consider a light-sized short. Stop loss at 0.125. Target 0.105.
💡 With high volatility and consecutive green candles, keep position size within 10% to guard against wick traps. The bull is hot, but taking profit is the way to go.