$EIGEN Is today’s 4% rally a real breakout or a fake move? Looking at this trend, it broke through the previous high on increased volume, and technically it does look pretty good, but the trading volume doesn’t seem quite enough. On top of that, there’s still a lot of trapped supply above, so chasing it higher carries significant risk.
Some also say this is a sign that the shakeout has ended, after several days of bottom consolidation, and today it finally broke out. The key is whether it can hold above 0.22.
What do you think is the best way to handle this move? Chase it directly or wait for a pullback?
$EIGEN #牛市 #市场情绪 #trading
Some also say this is a sign that the shakeout has ended, after several days of bottom consolidation, and today it finally broke out. The key is whether it can hold above 0.22.
What do you think is the best way to handle this move? Chase it directly or wait for a pullback?
$EIGEN #牛市 #市场情绪 #trading