Just chatting: I just saw it drop 2.69% in $BR 5 minutes. The square is probably about to start calling for people to buy the dip again.
My approach is: don't catch the first falling knife during a sharp drop. Wait for the price to stabilize, then see whether there's buying support. For now, keep an eye on the 24-hour low of 0.4686.
When it comes to buying the dip, taking it slow is often safer. Like this if you think that makes sense, or leave a comment if you disagree.
#BR
Stay rational and manage your position size.
My approach is: don't catch the first falling knife during a sharp drop. Wait for the price to stabilize, then see whether there's buying support. For now, keep an eye on the 24-hour low of 0.4686.
When it comes to buying the dip, taking it slow is often safer. Like this if you think that makes sense, or leave a comment if you disagree.
#BR
Stay rational and manage your position size.