You saw $PENGU go up—don’t just stare at that percentage line. I’m going to put it back into this 24-hour high/low range: the current price is 0.00701 USDT, and it’s sitting at about 82% of the way through the range.
It’s already close to the upper edge of this window. At this point, ask yourself whether you can tolerate the price dropping back to the middle of the range—don’t treat the fact that it’s rising as a reason to keep chasing the price. The range position tells you which side the price is nearer to; it can’t tell you whether it will continue to rise.
For the next check, if it falls back below the middle of the range, today’s “in the upper zone” condition becomes invalid. When self-checking, note the current price and the 24-hour high/low points, then calculate (current price − low) ÷ (high − low). Don’t just write the position as the trend.
It’s already close to the upper edge of this window. At this point, ask yourself whether you can tolerate the price dropping back to the middle of the range—don’t treat the fact that it’s rising as a reason to keep chasing the price. The range position tells you which side the price is nearer to; it can’t tell you whether it will continue to rise.
For the next check, if it falls back below the middle of the range, today’s “in the upper zone” condition becomes invalid. When self-checking, note the current price and the 24-hour high/low points, then calculate (current price − low) ÷ (high − low). Don’t just write the position as the trend.