$SKL 5 minutes -5.72%, current price 0.00492. If you’re thinking about bottom-fishing, go through these three questions first:
① The 24h low is 0.00435—if it stays below that level, is there any sign of a trend reversal?
② In the past 24h, it’s still +12.84%—is this profit-taking or a potential top?
③ Have you got your position ready? If you bottom-fish into the wrong place, how will you exit?
If you can’t figure these out, it’s better to wait and observe.
#SKL
The above is for reference only—please make your own judgment before trading.
① The 24h low is 0.00435—if it stays below that level, is there any sign of a trend reversal?
② In the past 24h, it’s still +12.84%—is this profit-taking or a potential top?
③ Have you got your position ready? If you bottom-fish into the wrong place, how will you exit?
If you can’t figure these out, it’s better to wait and observe.
#SKL
The above is for reference only—please make your own judgment before trading.