This meme coin rally isn’t over yet. There are still oversold rebounds like $QI that are catching up—don’t rush to chase the price.
$QI surged 156% in one day, and the price is only 0.0037. This level clearly shows it was hit too hard earlier, and now it’s riding a sentiment rebound. Trading volume of 26M isn’t small, but moves like this are usually driven by short-term emotions, with no fundamental support. Chasing in can easily get you trapped. PHA is up 64% as well—also decent. Its volume is roughly comparable to QI, but I care more about whether its DeFi narrative can sustain, not just whether it’s purely being speculated.
ARK is up 30% and the chart action is relatively steady, with a 12M volume that matches well—more than just a pump with low volume. RARE and AERO are both up more than 20%, but their volume is relatively small, so they might just be getting rotated for catch-up gains.
Honestly, can I chase these? $QI —I don’t dare. Chasing a 156% rally again is basically handing money to the market maker. PHA, I could take a small position to see, but the stop-loss should be set at the level corresponding to a 50% drawdown from the gain—don’t get overconfident. In this rally, the bears have already been buried several times, but especially in moments like this, you need to stay calm. Don’t let FOMO take over. Write2Earn Crypto
#Write2Earn #Crypto
⚠️ Personal opinion only, not investment advice.
$QI surged 156% in one day, and the price is only 0.0037. This level clearly shows it was hit too hard earlier, and now it’s riding a sentiment rebound. Trading volume of 26M isn’t small, but moves like this are usually driven by short-term emotions, with no fundamental support. Chasing in can easily get you trapped. PHA is up 64% as well—also decent. Its volume is roughly comparable to QI, but I care more about whether its DeFi narrative can sustain, not just whether it’s purely being speculated.
ARK is up 30% and the chart action is relatively steady, with a 12M volume that matches well—more than just a pump with low volume. RARE and AERO are both up more than 20%, but their volume is relatively small, so they might just be getting rotated for catch-up gains.
Honestly, can I chase these? $QI —I don’t dare. Chasing a 156% rally again is basically handing money to the market maker. PHA, I could take a small position to see, but the stop-loss should be set at the level corresponding to a 50% drawdown from the gain—don’t get overconfident. In this rally, the bears have already been buried several times, but especially in moments like this, you need to stay calm. Don’t let FOMO take over. Write2Earn Crypto
#Write2Earn #Crypto
⚠️ Personal opinion only, not investment advice.