I just canceled the last little portion of my $RAY buy order. I didn’t cut losses, and I didn’t add more—just staying put for now.
Why cancel? In the past 24 hours it’s down 1.1%, but over the past 7 days it’s still up 4.1%. Yet the current price is already near the low end of the 7-day range—around that 15% percentile position.
But the biggest factor is volume—the trading volume is only half of the 7-day average. A slow, shrinking-volume drop like this means you don’t know who’s selling, and nobody seems in a hurry to buy.
A couple days ago, someone on the square was saying this setup’s win rate is aiming for 90%, so I’m watching $RAY . “Win rate” is something I’ll just listen to—real money entering the market is still up to the individual.
I’m not trying to bottom-fish. I’m not moving it. I’ll wait until it prints some volume and smashes out a decent-looking dip, then I’ll take another look. With these small coins, it’s easy to get in but hard to get out—you don’t use your money to train your nerves. $RAY
Why cancel? In the past 24 hours it’s down 1.1%, but over the past 7 days it’s still up 4.1%. Yet the current price is already near the low end of the 7-day range—around that 15% percentile position.
But the biggest factor is volume—the trading volume is only half of the 7-day average. A slow, shrinking-volume drop like this means you don’t know who’s selling, and nobody seems in a hurry to buy.
A couple days ago, someone on the square was saying this setup’s win rate is aiming for 90%, so I’m watching $RAY . “Win rate” is something I’ll just listen to—real money entering the market is still up to the individual.
I’m not trying to bottom-fish. I’m not moving it. I’ll wait until it prints some volume and smashes out a decent-looking dip, then I’ll take another look. With these small coins, it’s easy to get in but hard to get out—you don’t use your money to train your nerves. $RAY
