A few of the most frequently asked questions in the comments—I'll answer them all at once.
$BNB has jumped another +3.9%, and the comments are starting to call for a reversal. But a quick rise doesn’t equal a reversal. The trapped positions above 789.89 are still there, and the volume hasn’t caught up. For any such spike, I treat it as a rebound—no chasing. The moving averages are in a bullish alignment. They can’t hold it down, but they also can’t lift it higher. RSI is at 83; there’s no volume left as it pushes up, so it can’t move further. This trade is a bet on this week only—don’t hold long. Overnight short positions carry too much risk.
One more thing to mention: for $DOT , don’t rush to bottom-fish. RSI is already 79—it's extremely hot. This rally has been too fast. A rebound of 1.13 is the short entry point, and the stop-loss is 1.16. The MACD golden cross is pointing upward, but it hasn’t actually flipped to a clearly bullish trend yet. The price is above the 20-day line at 1.07, but it’s very close—if it breaks below, shorts will start exerting pressure.
Next: for $WLD 0.4099, chasing a long here is basically handing it over. RSI is 84—it's unbearably hot. This surge has been too sudden. Within the next two weeks, I’m looking at 0.3693—believe it or not. Stop-loss at 0.4240. If price closes above it, I’ll admit I was wrong. Refusing to hold against the trend is the most expensive habit.
If you’re unsure and ask in the comments, I’ll reply when I see it.
#BNB #币安币 #DOT
$BNB $DOT $WLD
$BNB has jumped another +3.9%, and the comments are starting to call for a reversal. But a quick rise doesn’t equal a reversal. The trapped positions above 789.89 are still there, and the volume hasn’t caught up. For any such spike, I treat it as a rebound—no chasing. The moving averages are in a bullish alignment. They can’t hold it down, but they also can’t lift it higher. RSI is at 83; there’s no volume left as it pushes up, so it can’t move further. This trade is a bet on this week only—don’t hold long. Overnight short positions carry too much risk.
One more thing to mention: for $DOT , don’t rush to bottom-fish. RSI is already 79—it's extremely hot. This rally has been too fast. A rebound of 1.13 is the short entry point, and the stop-loss is 1.16. The MACD golden cross is pointing upward, but it hasn’t actually flipped to a clearly bullish trend yet. The price is above the 20-day line at 1.07, but it’s very close—if it breaks below, shorts will start exerting pressure.
Next: for $WLD 0.4099, chasing a long here is basically handing it over. RSI is 84—it's unbearably hot. This surge has been too sudden. Within the next two weeks, I’m looking at 0.3693—believe it or not. Stop-loss at 0.4240. If price closes above it, I’ll admit I was wrong. Refusing to hold against the trend is the most expensive habit.
If you’re unsure and ask in the comments, I’ll reply when I see it.
#BNB #币安币 #DOT
$BNB $DOT $WLD
