$牛来 destroys Mars; Niu Lai is the real dragon one
It has been exactly one week since it went live on Binance futures, and the hype is on par with other meme coins.
He Yi’s endorsement and renewed callout of Niu Lai show that, from the hourly chart, it has been steadily climbing in a staircase-like manner from the support level below, and has become unstoppable.
However, looking at the subsequent development of Niu Lai from Ran Boss’s personal perspective, the following points can be referenced!
1. As soon as it goes spot, the short-term market will definitely rush in, but how long it can last is a question (short-term)
2. Those called out by He Yi and backed by a background won’t be like other meme coins or air coins, which may show signs of distribution and dumping at any time
3. The last sharp drop already washed out a wave of positions, so this rally is only natural. The current trend has not weakened yet, and it is highly likely to break to new highs again
Based on the above points, it is clear that after going spot, the current position is not considered high. With backing, it won’t easily be dumped. In addition, most of the long-side positions have already been washed out, so the next move will still push higher first to trigger short liquidations.
The trading approach can be to go long at low levels, go long at support, or go long on pullbacks.
For specific entry points, see below 👇👇👇#美国初请失业金人数升至20.6万
It has been exactly one week since it went live on Binance futures, and the hype is on par with other meme coins.
He Yi’s endorsement and renewed callout of Niu Lai show that, from the hourly chart, it has been steadily climbing in a staircase-like manner from the support level below, and has become unstoppable.
However, looking at the subsequent development of Niu Lai from Ran Boss’s personal perspective, the following points can be referenced!
1. As soon as it goes spot, the short-term market will definitely rush in, but how long it can last is a question (short-term)
2. Those called out by He Yi and backed by a background won’t be like other meme coins or air coins, which may show signs of distribution and dumping at any time
3. The last sharp drop already washed out a wave of positions, so this rally is only natural. The current trend has not weakened yet, and it is highly likely to break to new highs again
Based on the above points, it is clear that after going spot, the current position is not considered high. With backing, it won’t easily be dumped. In addition, most of the long-side positions have already been washed out, so the next move will still push higher first to trigger short liquidations.
The trading approach can be to go long at low levels, go long at support, or go long on pullbacks.
For specific entry points, see below 👇👇👇#美国初请失业金人数升至20.6万
