To be honest, opportunities to pick up money are often hidden in moments when disagreements are at their greatest. $STAR is exactly in this kind of situation right now. Looking at the chart: after that early sharp surge, there was no meaningful distribution structure. The price has been moving sideways at high levels, and the volume and momentum have contracted very quickly. This indicates that selling pressure isn’t continuous, and holders’ mindset is relatively stable. Since the market cap base isn’t large, the controlling funds only need to put in a bit of effort to lift the board. In such a structure, a sudden drop is more likely to be quickly bought back. What I’m focused on is the distribution of chips. Most of the chips haven’t reached the unlocking window yet, which means the amount that can truly be dumped in the current circulating float is limited.
On the order book, sell orders are thin and sparse, and when buy orders are pushed slightly, the price rises immediately—this is a typical sign of a lightly weighted order book. On the four-hour timeframe, the pullback lows are gradually lifting. Each time it dips, it gets picked up, suggesting that funds are defending key levels. As long as there isn’t a destructive breakout with heavy volume that breaks the previous low, the structure remains in the hands of the bulls. Of course, disagreement exists here too—some think that since it’s been pumped up, it should be sold; others think it hasn’t reached the time to unload yet. My view is that if the controlling party wants to distribute, they first need to build up sentiment. Right now, this position and the volume and momentum don’t look like the end point.
In terms of risk-reward: support is clear on the downside, while the upside potential hasn’t played out completely. The odds are worth closely monitoring. Don’t chase; waiting for a pullback and confirmation is steadier. But as for direction, I’m standing with the bulls. $STAR
Gazing over the vastness of the mountains, observing the slightest movements of the market.
Walking with Uncle Xiong, seeing daily gains and losses.
#STAR
Click the button below to trade 👇
On the order book, sell orders are thin and sparse, and when buy orders are pushed slightly, the price rises immediately—this is a typical sign of a lightly weighted order book. On the four-hour timeframe, the pullback lows are gradually lifting. Each time it dips, it gets picked up, suggesting that funds are defending key levels. As long as there isn’t a destructive breakout with heavy volume that breaks the previous low, the structure remains in the hands of the bulls. Of course, disagreement exists here too—some think that since it’s been pumped up, it should be sold; others think it hasn’t reached the time to unload yet. My view is that if the controlling party wants to distribute, they first need to build up sentiment. Right now, this position and the volume and momentum don’t look like the end point.
In terms of risk-reward: support is clear on the downside, while the upside potential hasn’t played out completely. The odds are worth closely monitoring. Don’t chase; waiting for a pullback and confirmation is steadier. But as for direction, I’m standing with the bulls. $STAR
Gazing over the vastness of the mountains, observing the slightest movements of the market.
Walking with Uncle Xiong, seeing daily gains and losses.
#STAR
Click the button below to trade 👇