PTB has experienced a typical oscillation at the resistance zone between 0.74 and 0.85, with a pattern of initial surge followed by a drop. We pointed out this key resistance zone yesterday, and now the trend is indeed as expected. There is significant selling pressure at higher levels, so we promptly implemented a lock-in strategy above, which allows us to participate in potential breakouts while avoiding the risk of short-term pullbacks. The overall rhythm has been managed quite prudently.
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LiquidatedDreams
· 11h ago
There is serious selling pressure at high levels.
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GasWastingMaximalist
· 12-17 04:49
Oscillating exit is the most reliable
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ShitcoinArbitrageur
· 12-17 04:45
Buying the dip is even harder than hitting the top
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On-ChainDiver
· 12-17 04:37
Pressure levels require proper position management
PTB has experienced a typical oscillation at the resistance zone between 0.74 and 0.85, with a pattern of initial surge followed by a drop. We pointed out this key resistance zone yesterday, and now the trend is indeed as expected. There is significant selling pressure at higher levels, so we promptly implemented a lock-in strategy above, which allows us to participate in potential breakouts while avoiding the risk of short-term pullbacks. The overall rhythm has been managed quite prudently.