$NMR In one day it surged to 11.290, with a percentage change of +16.03%. My first reaction wasn’t to slap my thigh—I asked first whether the volume can keep going. In the past 24 hours, trading volume is about 5.97 million USDT. The tags point to a volume-led rally and a strong breakout. This kind of market action is exactly what makes people’s hands itch, but old greenhorns have been burned: the first candle looks bright—the second one is what actually confirms the truth.
I’ll click into the token page and look at the 1h K-line. The key isn’t how hot it is right now; it’s whether there’s a pullback and support around 11.121. If the成交(volume) shrinks from ~5.97 million USDT as it goes down, then the spike may easily turn into a fake burst of excitement. Similar setups have been seen before too: everyone gets excited when the previous high breaks, but then the volume can’t keep up and it just chops sideways.
My observation move is simple: as long as the price holds above 10.838, I’ll keep watching for 11.742. If it drops back below 10.500, I’ll treat it first as a dead-cat bounce and won’t rush to chase.
I’d rather be half a step late than ruin my cost basis in that one hottest minute.