$STAR This daily chart was dumped from 0.09147 down to 0.0756; the single-day drop is 16.8%, and the trading volume is 52.6 million, but the trading value is only 4.29 million— the average price has been pushed below 0.082. This indicates that the main force’s target price is concentrated in the upper half, while there isn’t much support/participation in the lower half.
The short-side logic is simple: the high at 0.09147 wasn’t held, the intraday decline was deep enough that a large batch of retail traders who chased longs got buried, and the stop-loss orders are still on the way. On the long side, there’s no action— the fee rate is only 0.0050%, and leveraged funds haven’t really taken a position. On the spot market, there’s also no sign of a convincing, high-volume buy-side takeover.
These are the key numbers: stop-loss at 0.0690 (once it breaks the previous low of 0.07374, accept it), and the first target is to look at
#STAR
The short-side logic is simple: the high at 0.09147 wasn’t held, the intraday decline was deep enough that a large batch of retail traders who chased longs got buried, and the stop-loss orders are still on the way. On the long side, there’s no action— the fee rate is only 0.0050%, and leveraged funds haven’t really taken a position. On the spot market, there’s also no sign of a convincing, high-volume buy-side takeover.
These are the key numbers: stop-loss at 0.0690 (once it breaks the previous low of 0.07374, accept it), and the first target is to look at
#STAR