$ALGO 24 After jumping 14.32% to the #4 spot on the gainers list, I won’t chase a long here. Either wait for a pullback to 0.1280 and buy only if there’s support/continuation. If it breaks below 0.1185, I’ll admit defeat and get out—at the current price of 0.1332, chasing in is just lifting the sedan for the people ahead of you.
OI is 79M against a $1.2B market cap—there’s not too little ammo, not too much either. But in a market of this size, if it turns, it can flip far faster than when you entered.
First, the risks. The daily RSI7 is already 85.3, and the 4h is at 80 too. The recent 3 daily candles’ volatility is 9.63%. Funding rate is +0.06%, meaning longs are paying. The long/short ratio is 1.6969, and large holders are at 1.748—both retail and whales are crowded on the same side. Being overbought doesn’t necessarily mean an immediate drop, but at this price level, there’s basically no safety cushion.
The trend hasn’t broken yet. On 4h, EMA 5/25/60 are 0.1286/0.1191/0.1118—bullish alignment. On the daily, EMA5 is 0.1220, also sitting above EMA25 at 0.1043. It’s up 59.78% over the last 30 days—this is a trend play, not a one-day fling—so I’m bullish, but not buying the current price.
BTC 24h is -0.67%, and the whole market is -4.52%. It’s moving against the market. Strong is strong, but when the tide goes out, nobody will prop it up.
📊 Direction: Long, wait for a pullback
💰 Entry reference: Around 0.1280—enter if the pullback holds with support
🛑 Stop loss: Breaks below 0.1185—exit immediately
🎯 Take profit 1: 0.1400, near the previous high
🎯 Take profit 2: 0.1520
Funding is the fuel; the key levels are the trigger.
If you have different opinions, feel free to say so—Uncle Shi loves getting slapped in the face by data. Are you standing at 0.1280 pullback support, or standing together after a break below 0.1185 and releasing at the same time? Pick one.
$ALGO #技术分析 #UncleShi
If this setup fits your style, come to my Binance copy-trading lead page for this one. You can clearly see how I’m trading in my live account.
Click my profile to copy immediately.
https://www.binance.com/zh-CN/copy-trading/lead-details/5051200019981811968
OI is 79M against a $1.2B market cap—there’s not too little ammo, not too much either. But in a market of this size, if it turns, it can flip far faster than when you entered.
First, the risks. The daily RSI7 is already 85.3, and the 4h is at 80 too. The recent 3 daily candles’ volatility is 9.63%. Funding rate is +0.06%, meaning longs are paying. The long/short ratio is 1.6969, and large holders are at 1.748—both retail and whales are crowded on the same side. Being overbought doesn’t necessarily mean an immediate drop, but at this price level, there’s basically no safety cushion.
The trend hasn’t broken yet. On 4h, EMA 5/25/60 are 0.1286/0.1191/0.1118—bullish alignment. On the daily, EMA5 is 0.1220, also sitting above EMA25 at 0.1043. It’s up 59.78% over the last 30 days—this is a trend play, not a one-day fling—so I’m bullish, but not buying the current price.
BTC 24h is -0.67%, and the whole market is -4.52%. It’s moving against the market. Strong is strong, but when the tide goes out, nobody will prop it up.
📊 Direction: Long, wait for a pullback
💰 Entry reference: Around 0.1280—enter if the pullback holds with support
🛑 Stop loss: Breaks below 0.1185—exit immediately
🎯 Take profit 1: 0.1400, near the previous high
🎯 Take profit 2: 0.1520
Funding is the fuel; the key levels are the trigger.
If you have different opinions, feel free to say so—Uncle Shi loves getting slapped in the face by data. Are you standing at 0.1280 pullback support, or standing together after a break below 0.1185 and releasing at the same time? Pick one.
$ALGO #技术分析 #UncleShi
If this setup fits your style, come to my Binance copy-trading lead page for this one. You can clearly see how I’m trading in my live account.
Click my profile to copy immediately.
https://www.binance.com/zh-CN/copy-trading/lead-details/5051200019981811968
