HOOK, the former king of the education track, with CZ personally on stage, reached a peak market value of 400 million USD, now only left with over 3 million, not even enough for the decimals, and there are only 5 days left before delisting. The K-line has flattened into a dead fish; is the former king really going to say goodbye so quietly?
In the 4-hour K-line, all moving averages are firmly pressing from above, RSI barely escapes the oversold zone, MACD green momentum bars are almost zero, and trading volume is extremely sluggish, with buy orders completely exhausted, it looks like it will directly lie flat until delisting.
But don't forget, its current market value is only over 3 million! With such a low market value, the whales can easily pump it up with just a little money. Perhaps they are waiting for one last desperate counterattack before delisting, trying to preserve the last bit of dignity with a surge! After all, the closer a coin is to delisting, the more the whales like to indulge in a frenzy just before it dies; such cases are not uncommon.
It's suggested to bet a small amount for a battle of dignity, placing orders around 0.01 for small positions to go long, a small gamble brings pleasure.
Take profit: First look at 0.015-0.018, which is a densely packed area of trapped orders above.
Stop loss: Run away directly if it falls below 0.009, as the risk of going to zero before delisting is extremely high.
The former king of the education track, whether it can retain the last bit of dignity, depends on these 5 days! The opportunity for a desperate counterattack may be now; gamble with the whales, win and feast, lose and it's just a 10-point loss, let's do it!