Asset $0G Trading Tips 💹
Short Recommendation
Entry Range: 0.26556-0.26748
Stop Loss: 0.26880
Targets: 0.26407, 0.26194, 0.25875
Technical Analysis: 0G at this level 0.2662 has been grinding all night, keeping me glued to the screen. The EMA short-term crossed below the long-term, that death cross is just hanging there, and MACD has confirmed a death cross as well. RSI is at 40.9—neutral to slightly bearish, but there's just no momentum for a bounce. The stop loss is set at 0.268800, just about 20 points away from the current price, it’s so tight it’s almost laughable. This kind of market is the worst, it drops but not decisively, bounces but with no volume, like a dead fish flipping its eyes at the surface. The bearish trend is a fact, but don’t expect it to collapse all at once; it’s likely to wobble between 0.265-0.268 until a big bearish candle breaks through. If you can hold on, I’ll stay up with you; if not, hit that stop loss and get some sleep, I’m used to it by now.
Recommended Stop Loss Level: 0.268800, please adjust your position based on your risk preference
#0G
Short Recommendation
Entry Range: 0.26556-0.26748
Stop Loss: 0.26880
Targets: 0.26407, 0.26194, 0.25875
Technical Analysis: 0G at this level 0.2662 has been grinding all night, keeping me glued to the screen. The EMA short-term crossed below the long-term, that death cross is just hanging there, and MACD has confirmed a death cross as well. RSI is at 40.9—neutral to slightly bearish, but there's just no momentum for a bounce. The stop loss is set at 0.268800, just about 20 points away from the current price, it’s so tight it’s almost laughable. This kind of market is the worst, it drops but not decisively, bounces but with no volume, like a dead fish flipping its eyes at the surface. The bearish trend is a fact, but don’t expect it to collapse all at once; it’s likely to wobble between 0.265-0.268 until a big bearish candle breaks through. If you can hold on, I’ll stay up with you; if not, hit that stop loss and get some sleep, I’m used to it by now.
Recommended Stop Loss Level: 0.268800, please adjust your position based on your risk preference
#0G