๐ฅ THREE COINS. THREE DUMPS. ONE QUESTION โ WHERE IS THE SUPPORT? ๐ฅ
AVL, SLX, and ASP all had massive green runs. Now, they are all dumping hard. The crowd is panicking. But the pros are watching for one thing: where will the support hold?
๐ 1๏ธโฃ
$AVL โ $0.017352 (-8.04%)
๐ฏ๏ธ Candlestick: A massive green pump followed by a sharp flush. The price is now retesting the $0.017 zone.
๐ MA Analysis: Trading below MA7 ($0.0175). A reclaim of MA7 confirms a reversal.
๐ฏ My Trade Plan: Entry at $0.0173. TP1 at $0.0185. TP2 at $0.0195. SL at $0.0165.
๐ 2๏ธโฃ
$SLX (Solstice) โ $0.077211 (-7.8%)
๐ฏ๏ธ Candlestick: A sustained downtrend from $0.214. The price is now testing $0.074 support.
๐ MA Analysis: Trading below all MAs. This is a falling knife.
๐ฏ My Trade Plan: Wait for a reclaim of $0.080. Support sits at $0.074.
๐ 3๏ธโฃ
$ASP (Aspecta) โ $0.011236 (-7.02%)
๐ฏ๏ธ Candlestick: A massive pump to $0.028 followed by a complete collapse. The price is now flatlining near $0.01.
๐ MA Analysis: Trading below MAs. A reclaim of $0.012 is the key signal.
๐ฏ My Trade Plan: Wait for a reclaim of $0.012. Support sits at $0.01.
๐ฌ QUESTION FOR YOU:
When a coin dumps 8% in a day, do you buy the dip or do you wait for a reclaim of the MA? Drop your strategy below. ๐
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