$VVV 5 minutes -1.89%, current price 22.957. If you're itching to buy the dip, guys, first ask yourself three questions:
① The 24h low of 22.912 is still below—are there any signs the decline has bottomed?
② It's already down -10.47% in 24h—is the sell-off still accelerating?
③ Have you planned your position? What will you do if you get the dip-buy wrong?
If you can't answer these, it may be better to wait and see.
A rebound near the point where the decline began will usually face resistance.
① The 24h low of 22.912 is still below—are there any signs the decline has bottomed?
② It's already down -10.47% in 24h—is the sell-off still accelerating?
③ Have you planned your position? What will you do if you get the dip-buy wrong?
If you can't answer these, it may be better to wait and see.
A rebound near the point where the decline began will usually face resistance.
