$ARX 5 minutes -3.05%, current price: 0.2364. If you're looking to buy the dip, first ask yourself three questions:
① The 24-hour low of 0.2126 is holding. Are there signs that the price has stopped falling?
② This was a sudden sharp drop. What will you do if it falls further?
③ Have you planned your position size? How will you exit if your entry turns out to be wrong?
If you haven't thought it through, it may be better to wait a bit longer.
① The 24-hour low of 0.2126 is holding. Are there signs that the price has stopped falling?
② This was a sudden sharp drop. What will you do if it falls further?
③ Have you planned your position size? How will you exit if your entry turns out to be wrong?
If you haven't thought it through, it may be better to wait a bit longer.