Just took a look at the order book—$PHA , this guy directly pushed up 57 points. Current price is 0.079, with a 24-hour trading volume of $18 million USD, according to Binance real-time data. Honestly, I didn’t get filled on the low bid I placed last week, and I’ve been kicking myself ever since. Altcoins are a bit crazy right now; the Fear and Greed Index is still in the mildly bullish/greedy range—neither a fear extreme nor overheated. In this kind of situation, it’s either quick in and quick out, or just watch the show.
$VIC is down 43%, and trading volume is only $1 million—classic slow bleed with no buyers stepping in. Don’t try to catch it. $PNT is up 45%, but volume is just $260k, and the depth is too thin; slippage can easily wipe out your profits. I’ve suffered this kind of loss before—getting in is easy, getting out is hard.
Nasdaq is up slightly, gold is at 2360, crude oil at 82. The broader market hasn’t really moved—funds have basically all run into altcoins to fight it out. If the volume for $PHA can hold steady, and a pullback doesn’t break the prior low, it might still be worth watching. But chasing up is something I’m afraid of—I don’t want to end up stuck holding the bag.
Anyway, I only tested with a small position and kept a tight stop-loss. I’ll only play when I can afford to lose.
If you’re going in, watch the order book yourself—don’t go all-in. $PHA $VIC $PNT Go check the real-time order book before deciding.
The above is for personal opinion only and does not constitute investment advice
$VIC is down 43%, and trading volume is only $1 million—classic slow bleed with no buyers stepping in. Don’t try to catch it. $PNT is up 45%, but volume is just $260k, and the depth is too thin; slippage can easily wipe out your profits. I’ve suffered this kind of loss before—getting in is easy, getting out is hard.
Nasdaq is up slightly, gold is at 2360, crude oil at 82. The broader market hasn’t really moved—funds have basically all run into altcoins to fight it out. If the volume for $PHA can hold steady, and a pullback doesn’t break the prior low, it might still be worth watching. But chasing up is something I’m afraid of—I don’t want to end up stuck holding the bag.
Anyway, I only tested with a small position and kept a tight stop-loss. I’ll only play when I can afford to lose.
If you’re going in, watch the order book yourself—don’t go all-in. $PHA $VIC $PNT Go check the real-time order book before deciding.
The above is for personal opinion only and does not constitute investment advice
