3.31$GPS Dawei's Evening Thoughts:
1H level surged and then fell back, current price 0.0085. The 4-hour Bollinger Bands are opening upwards, and the price has broken through the upper band, but the 1-hour RSI has soared to 71.6, indicating short-term overheating. There is a gap in buying, the latest 1-hour candlestick closed bearish, volume increased but price stagnated, a typical profit-taking scenario.
Operation Suggestions:
Entry/Limit Orders: Accumulate in batches in the range of 0.0080 - 0.0082
Stop Loss: 0.00795
Target 1: 0.0088
Target 2: 0.0091
- Execution Strategy: Reduce half of the position after the price touches 0.0088, and move the stop loss of the remaining position to the entry price. If the price cannot stabilize above 0.0082, exit proactively.
I only trade in real markets and do not engage in virtual games. Friends who want to avoid pitfalls and steadily profit, don’t stumble alone in the crypto world. Keep up the rhythm, Dawei will lead you to earn steady money with winning logic!