$PIPPIN This coin must have a whale, so your coin definitely won't go to zero, which means there is a bottom. It is known that the last rebound occurred at the 0.23 to 0.26 level. The current low will not break 0.2. If it breaks 0.2, there is a risk of dropping to 0.1. Assuming the whale's cost is 0.2, there is a risk of a 50% cut, which is unacceptable to the whale. Therefore, 0.2 is the main force's must-hold cost line. Once broken and unable to recover quickly, it can be declared that the whale has fully sold out, and immediate selling can be done. Conversely, you can buy spot to enjoy the yield from the remaining coins and gamble on a rebound from oversold conditions. The risk-to-reward ratio is 1:10.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
2 Likes
Reward
2
2
Repost
Share
Comment
0/400
GateUser-bc8a7dad
· 19h ago
You are right; I was indeed convinced by your words.
$PIPPIN This coin must have a whale, so your coin definitely won't go to zero, which means there is a bottom. It is known that the last rebound occurred at the 0.23 to 0.26 level. The current low will not break 0.2. If it breaks 0.2, there is a risk of dropping to 0.1. Assuming the whale's cost is 0.2, there is a risk of a 50% cut, which is unacceptable to the whale. Therefore, 0.2 is the main force's must-hold cost line. Once broken and unable to recover quickly, it can be declared that the whale has fully sold out, and immediate selling can be done. Conversely, you can buy spot to enjoy the yield from the remaining coins and gamble on a rebound from oversold conditions. The risk-to-reward ratio is 1:10.