📉 $龙虾
The correction I warned about has already started
Previously, I pointed out that the sharp rise in price seemed unsustainable, and that the likelihood of a strong correction was high, while monitoring opportunities to sell near the peak areas.
Now, the price has moved from around $0.31 to $0.178, recording a decline of more than 40% from the peak.
Despite this drop, the price structure still looks weak, and buyers need to reclaim the key levels and show clear strength before any sustained recovery can be considered.
⚠️ Summary: Don’t chase pumps after sharp moves—wait for a clear confirmation before making any trading decision.
Monitor $龙虾 and trade with caution.
The correction I warned about has already started
Previously, I pointed out that the sharp rise in price seemed unsustainable, and that the likelihood of a strong correction was high, while monitoring opportunities to sell near the peak areas.
Now, the price has moved from around $0.31 to $0.178, recording a decline of more than 40% from the peak.
Despite this drop, the price structure still looks weak, and buyers need to reclaim the key levels and show clear strength before any sustained recovery can be considered.
⚠️ Summary: Don’t chase pumps after sharp moves—wait for a clear confirmation before making any trading decision.
Monitor $龙虾 and trade with caution.