Golden Pig’s take: $AIOT — I’m leaning bullish on this move, but it’s not like it’s “gone to the moon.” It doubled in 10 days, yet the price is still a fraction of last year’s high.
1) Binance AIOT futures daily chart: about 0.073 → about 0.154, up roughly 112% in 10 days.
2) 24-hour trading volume is about 83 million U. A few days ago, it was only a few million U a day. Today, volume has genuinely surged.
3) Last August’s high was 2.132; the price is still about 93% below that.
My approach: I wouldn’t chase this latest spike. I’d wait for a pullback to around 0.143 (the high before tonight’s breakout) and only try a small long position if it holds. If it drops below around 0.130, I’m out. I haven’t seen any firsthand new information, so I’d treat this as a short-term trade. Stay away from those “vote to claim an airdrop” posts online.
How would you manage your position in a coin that’s doubled but is still far below its high?
#AIOT #币安合约 $AIOT $BTC
Data source: Public Binance AIOTUSDT futures market data. Personal opinion only; not investment advice. DYOR.
1) Binance AIOT futures daily chart: about 0.073 → about 0.154, up roughly 112% in 10 days.
2) 24-hour trading volume is about 83 million U. A few days ago, it was only a few million U a day. Today, volume has genuinely surged.
3) Last August’s high was 2.132; the price is still about 93% below that.
My approach: I wouldn’t chase this latest spike. I’d wait for a pullback to around 0.143 (the high before tonight’s breakout) and only try a small long position if it holds. If it drops below around 0.130, I’m out. I haven’t seen any firsthand new information, so I’d treat this as a short-term trade. Stay away from those “vote to claim an airdrop” posts online.
How would you manage your position in a coin that’s doubled but is still far below its high?
#AIOT #币安合约 $AIOT $BTC
Data source: Public Binance AIOTUSDT futures market data. Personal opinion only; not investment advice. DYOR.
