$SAND accurate to within 0.0 or what? Picking up orders 👍
Yesterday, when we analyzed, we mentioned that at the time SAND had not yet completed its first pullback, and we also provided a stop-loss reference level for the long position: 0.58
The price indeed pulled back around 0.58, but it did not effectively break below it, which shows that there’s fairly strong support at this level.
This trade didn’t provide a real-time entry point on the public forum yesterday, but overall the trading logic is still very solid. Now that it’s at a certain high level, choose to reduce position size and continue holding!
At the moment, I still lean toward the possibility of a breakout. Judging from the funding/fees and long vs. short positioning, the next move will likely be a squeeze-out rally (shorts getting forced)!
#SEC拟修订加密资产托管规则 #Cerebras股价跌近20%据报OpenAI转用英伟达
Yesterday, when we analyzed, we mentioned that at the time SAND had not yet completed its first pullback, and we also provided a stop-loss reference level for the long position: 0.58
The price indeed pulled back around 0.58, but it did not effectively break below it, which shows that there’s fairly strong support at this level.
This trade didn’t provide a real-time entry point on the public forum yesterday, but overall the trading logic is still very solid. Now that it’s at a certain high level, choose to reduce position size and continue holding!
At the moment, I still lean toward the possibility of a breakout. Judging from the funding/fees and long vs. short positioning, the next move will likely be a squeeze-out rally (shorts getting forced)!
#SEC拟修订加密资产托管规则 #Cerebras股价跌近20%据报OpenAI转用英伟达
