$US 5 minutes -3.28%, current price 0.01086. If you're looking to buy the dip, ask yourself three questions first:
① The 24h low of 0.01071 is still below the current price. Are there any signs of stabilization?
② It's already down 21.19% over 24h. Is the decline still accelerating?
③ Are you prepared in terms of position sizing? What will you do if you catch a falling knife?
If you haven't thought it through, it may be better to wait a little longer.
To confirm a bottom, look at the market structure, not your psychological price target.
#US
① The 24h low of 0.01071 is still below the current price. Are there any signs of stabilization?
② It's already down 21.19% over 24h. Is the decline still accelerating?
③ Are you prepared in terms of position sizing? What will you do if you catch a falling knife?
If you haven't thought it through, it may be better to wait a little longer.
To confirm a bottom, look at the market structure, not your psychological price target.
#US