Brothers, the performance of BANK today is really fierce! 🔥
In less than 1 hour, BANK skyrocketed by 21%, directly breaking through three moving averages, MACD golden cross, RSI breaking 50, indicating that there is significant capital in operation. Although this coin has already multiplied 10 times this year, according to market data, there is still potential. Especially since Binance's long-short ratio is only 0.8, indicating that bears have not fully reacted yet, it may continue to squeeze shorts in the short term, don't miss the opportunity! 🚀
My analysis is:
After BANK breaks through the resistance level of 0.21, the next target may hit the position of 0.25. However, remember not to chase the high! You also saw that last time KGEN surged by 17% and then corrected by 10%.
So, the best entry point is to wait for a pullback to the support of the 0.19 moving average, which will be more prudent.
Retail operation suggestions:
If you want to enter the market now, it is best to choose to try with a small position, don’t enter the whole position at once. Or wait for it to pull back before deciding. Remember: The most fearful thing about a coin that surges is greed! Don’t wait until the price has increased significantly, then regret not taking profits in time.
I suggest everyone to realize profits in batches, and proceed steadily!
Seize this opportunity, operate rationally, stay calm, and don’t let emotions control you. The crypto world is like walking on a tightrope; keeping your footing allows you to go further, seize the opportunity, and don’t let greed eat away at your reason! 💡
Choose an operation strategy based on your own situation, remember, steady progress is the most important! $BANK
