Is ON Coin harvesting retail investors again? Hurry and run!
$ON Last night it violently surged from a low to a high point of 0.259, then high volume at the top, continuous decline, and now it has dropped back below the middle track, with trading volume returning to the previous sluggish state.
Personally, I feel that the current phase of the big top has finished, and the future will still be weakly fluctuating.
On-chain data also shows that after high volume, it has decreased again, and smart money distribution is obvious; it's clear that retail investors are taking over.
So let me say it straight: now is definitely the time to run! Sudden surges from low points, small investors pushing to the top, and high point entrapment; this set of operations is all too familiar!
Now, those holding positions should reduce their holdings, take profits, and watch for stop losses, while those empty-handed should look to buy in around 0.152 for a swing trade. Real profits are never about betting on direction; you need to seize small advantages with certainty.
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