@$OG this wave of market action is quite intense——three moving averages are tightly intertwined, and the 0.930 to 0.934 range feels like it's been nailed down. Bulls want to tear a gap upwards, bears aim to break below, and both sides are holding their breath. Trading volume is clearly shrinking, and large traders are evidently waiting for a signal. This kind of standoff is often the most unpredictable because once the tension releases, the rebound can be so strong that you react too slowly.
**Several Strategies for Going Up**
First move: Keep the price stable at 0.934 without dropping further. At this point, you can lightly enter long positions, with a stop-loss set below 0.931. First target is 0.938; if broken, continue chasing.
Second move: If you see trading volume significantly increase and the price breaks through the 0.938 barrier, it’s a sign of real action. You can follow in with a small position, but don't be greedy—set your stop-loss at 0.935.
Third move: An opportunity for aggressive players—price quickly drops near 0.911 but then immediately rebounds, indicating bears are losing strength. At this point, you can bet on a V-shaped reversal with a very small position, provided the stop-loss is firm, below 0.909.
**Several Strategies for Going Down**
First move: Price rebounds around 0.938 but struggles to break through. You might try opening a short position at 0.937, with a stop-loss above 0.940.
Second move: Trading volume drops along with the price, and it breaks below 0.930 directly. This signals a potential short opportunity, aiming for 0.920, with a stop-loss at 0.933.
Third move: After falling, the price rebounds around 0.933 but loses momentum and can't push higher. This is a good point to add to your short position or open a new one, with the stop-loss still set at 0.936.
The key is that such stalemates generally don’t last long; the next candle can determine the outcome. Be patient and wait for the right moment, and avoid falling for fake breakouts.
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SatoshiChallenger
· 15h ago
It's the same old saying of "moving averages intertwine, then wait for a reversal." What about the lessons from history? The last time I analyzed OG like this, they were still waiting for a rebound, but now they've already been liquidated.
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LongTermDreamer
· 12-15 14:45
Damn, it's the same trick again. OG did the same three years ago, and a fake breakout shattered my dreams. Can we really let go this time?
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LidoStakeAddict
· 12-14 21:11
Another awkward sideways movement, it's so uncomfortable to watch.
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GetRichLeek
· 12-14 19:59
Damn, this range-bound fluctuation is really exhausting. I bought the dip at 0.932 yesterday but was hammered down to 0.920 and had to cut my losses... Looking at this analysis now, I kind of regret it.
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TheMemefather
· 12-14 19:58
It's another range-bound market, the easiest to get trapped in.
I can't quite understand this wave of OG, why is it stuck here?
It's getting annoying to watch, just wait for the signal, anyway there's nothing I can do.
Stop-loss, most people haven't been able to stick to it.
Breaking 0.938 depends entirely on trading volume, don't mess around.
I bet it will drop further, but it's just a gamble, if I lose, I accept it.
This kind of situation is the most frustrating, fake breakouts one after another, I've already been shaken out three times.
The price rebounded to 0.933 and then lost momentum? Something's off, maybe there's some trick.
Aggressive traders are always the first to get cut, I’ve finally figured it out.
The moment the rope loosens, react one second late and it's all over, kinda scared of this point.
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GateUser-c802f0e8
· 12-14 19:48
Been stuck for so long, it feels like I'm just waiting for a crash or a sharp drop. This stalemate is a bit frustrating.
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BlockchainNewbie
· 12-14 19:35
Damn, this wave is really tough. Watching this range repeatedly slap me in the face every day.
@$OG this wave of market action is quite intense——three moving averages are tightly intertwined, and the 0.930 to 0.934 range feels like it's been nailed down. Bulls want to tear a gap upwards, bears aim to break below, and both sides are holding their breath. Trading volume is clearly shrinking, and large traders are evidently waiting for a signal. This kind of standoff is often the most unpredictable because once the tension releases, the rebound can be so strong that you react too slowly.
**Several Strategies for Going Up**
First move: Keep the price stable at 0.934 without dropping further. At this point, you can lightly enter long positions, with a stop-loss set below 0.931. First target is 0.938; if broken, continue chasing.
Second move: If you see trading volume significantly increase and the price breaks through the 0.938 barrier, it’s a sign of real action. You can follow in with a small position, but don't be greedy—set your stop-loss at 0.935.
Third move: An opportunity for aggressive players—price quickly drops near 0.911 but then immediately rebounds, indicating bears are losing strength. At this point, you can bet on a V-shaped reversal with a very small position, provided the stop-loss is firm, below 0.909.
**Several Strategies for Going Down**
First move: Price rebounds around 0.938 but struggles to break through. You might try opening a short position at 0.937, with a stop-loss above 0.940.
Second move: Trading volume drops along with the price, and it breaks below 0.930 directly. This signals a potential short opportunity, aiming for 0.920, with a stop-loss at 0.933.
Third move: After falling, the price rebounds around 0.933 but loses momentum and can't push higher. This is a good point to add to your short position or open a new one, with the stop-loss still set at 0.936.
The key is that such stalemates generally don’t last long; the next candle can determine the outcome. Be patient and wait for the right moment, and avoid falling for fake breakouts.