ZEREBRO's recent trend can be described as a "cliff dive"—dropping straight from a high of $0.03596, breaking through one support level after another, finally stopping around $0.01800. Although there was a rebound to $0.02026 later, this represents a 37.33% decline within the day. The 24-hour trading volume surged to 63.97 million USDT, with a total of 2.609 billion tokens traded. Despite the decline, trading volume continues to grow, indicating that? Large funds are rushing to exit at high levels, and the previous rally has been completely invalidated.
From a longer-term perspective, a 7-day decline of 27.85% and a 30-day decline of 31.83% clearly show a medium-term downward trend has formed. The current question is: should we bottom fish?
My advice is straightforward—don’t rush. If you insist on trying for a rebound, wait until it rebounds to the $0.02100-$0.02200 range, then use a very small position to test the waters. The key is to wait until the price truly stabilizes above the recent resistance level before considering a proper long position. Otherwise, you risk getting hammered.
For shorting, the first profit target is set at $0.02000, the second at $0.01900. If the downward momentum remains fierce, $0.01800 is also possible. As for stop-loss, set it at $0.02200—once this level is broken, a short-term reversal in the downtrend is highly likely.
Overall, this sharp decline is mainly a release of profit-taking. Currently, long positions carry too much risk, and you must wait for clear signs of stabilization before entering. Shorts should not chase blindly; the safest approach is to open positions when the rebound hits resistance levels, which increases the chances of capturing subsequent downward profits. As long as the $0.02200 line holds, the bearish outlook remains valid.
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PleaseAdviseTheContra
· 5h ago
Does anyone buy this trash? You even analyzed it.
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GasBandit
· 5h ago
This wave is really fierce, big players are definitely fleeing.
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Wait for the rebound, entering now is just giving away the goods.
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If 0.022 breaks, I'll switch to a bearish strategy. For now, let's just watch and wait.
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Another good opportunity to be smashed. Let's see if we can pick up some bargains.
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With such obvious big capital fleeing, still want to catch the bottom? Dream on.
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The bears will keep defending 0.022, and that's it. Don't be greedy.
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This time it's really profit-taking, the bulls entering now are just giving away profits.
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Rebound to 0.021, try a small position again. No other talks.
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SolidityNewbie
· 5h ago
It's the same old story again. The high-level escape drama everyone has seen, but it's always us retail investors who end up holding the bag.
I remember the 0.022 level. If it breaks, I'll go all-in short; if it doesn't, I'll continue to lie low and watch the show.
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SleepTrader
· 5h ago
Is it the same old story? Those who buy at high prices are probably going to get burned again.
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MetaverseLandlord
· 5h ago
ZEREBRO's recent drop was too fierce, a 37% decline is really outrageous. But on the other hand, at such times, never get itchy to buy the dip; even if it looks tempting, you must hold back.
This round of sharp decline is basically large investors offloading their holdings, and the trading volume is still increasing, clearly not fully released yet. Wait for the rebound to around 0.021-0.022 to test the market feel, don't go so hard.
As for the bears, I suggest holding on. The 0.02200 level must be defended; once broken, the probability of a short-term reversal is still high. Don't blindly chase the sell-off; the most cautious approach is to wait for a rebound before opening new positions, so you can secure profits more safely.
Just watch patiently until it stabilizes before taking action; there's no rush.
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ReverseFOMOguy
· 5h ago
Another perfect textbook for cutting leeks. From 0.036 to 0.018, it was wiped out in just 37 points. No one else can match this speed.
Is this a large fund exiting? The trading volume is still increasing—what does that mean? It just means there are still people taking over positions, haha.
Wait, wait, wait. I think the bottom might not be in yet. Don't rush to buy in.
I might try some positions around the rebound at 0.021, but really just a tiny bit, after all, everything said now is just speculation.
For the bears, continue to hold firm at 0.022. If it breaks, you need to think in the opposite direction, or you'll easily get caught on the wrong side.
Honestly, this market is a game of strategy. Bulls, don’t be too greedy; bears, don’t chase too aggressively. Staying steady and eating some gains is better than anything.
ZEREBRO's recent trend can be described as a "cliff dive"—dropping straight from a high of $0.03596, breaking through one support level after another, finally stopping around $0.01800. Although there was a rebound to $0.02026 later, this represents a 37.33% decline within the day. The 24-hour trading volume surged to 63.97 million USDT, with a total of 2.609 billion tokens traded. Despite the decline, trading volume continues to grow, indicating that? Large funds are rushing to exit at high levels, and the previous rally has been completely invalidated.
From a longer-term perspective, a 7-day decline of 27.85% and a 30-day decline of 31.83% clearly show a medium-term downward trend has formed. The current question is: should we bottom fish?
My advice is straightforward—don’t rush. If you insist on trying for a rebound, wait until it rebounds to the $0.02100-$0.02200 range, then use a very small position to test the waters. The key is to wait until the price truly stabilizes above the recent resistance level before considering a proper long position. Otherwise, you risk getting hammered.
For shorting, the first profit target is set at $0.02000, the second at $0.01900. If the downward momentum remains fierce, $0.01800 is also possible. As for stop-loss, set it at $0.02200—once this level is broken, a short-term reversal in the downtrend is highly likely.
Overall, this sharp decline is mainly a release of profit-taking. Currently, long positions carry too much risk, and you must wait for clear signs of stabilization before entering. Shorts should not chase blindly; the safest approach is to open positions when the rebound hits resistance levels, which increases the chances of capturing subsequent downward profits. As long as the $0.02200 line holds, the bearish outlook remains valid.