📉 Priority Strategy: Short on Rallies (Follow the Trend)
Entry Logic: The larger trend has deteriorated, and the 0.60 area has turned from support to strong resistance. The current weak rebound seems more like a 'trap' to attract more retail investors to enter and take over.
Entry Point: Focus on the 0.52 - 0.55 range. If the price rebounds and meets resistance here, and the CVD at the 15min level starts to turn down, it will be an excellent shorting opportunity.
Target Level: The first target is to look back at the previous peak of 0.43; once it breaks below, we will look towards the ultimate support at the larger level, 0.31 - 0.32.
Stop Loss: Set strictly at 0.61 (breaking this level indicates a reversal of the 1H level structure).
⚠️ Risk Warning: Do not attempt to bottom-fish on the left side for now.
Reason: The long-short ratio of account numbers at 0.28 indicates that most of those entering are retail investors, and the main players have not yet entered. Until we see a 'large volume bullish candle' at the 1H level that engulfs the previous bearish candle, all bottom-fishing is just catching falling knives. #Pippin
Entry Logic: The larger trend has deteriorated, and the 0.60 area has turned from support to strong resistance. The current weak rebound seems more like a 'trap' to attract more retail investors to enter and take over.
Entry Point: Focus on the 0.52 - 0.55 range. If the price rebounds and meets resistance here, and the CVD at the 15min level starts to turn down, it will be an excellent shorting opportunity.
Target Level: The first target is to look back at the previous peak of 0.43; once it breaks below, we will look towards the ultimate support at the larger level, 0.31 - 0.32.
Stop Loss: Set strictly at 0.61 (breaking this level indicates a reversal of the 1H level structure).
⚠️ Risk Warning: Do not attempt to bottom-fish on the left side for now.
Reason: The long-short ratio of account numbers at 0.28 indicates that most of those entering are retail investors, and the main players have not yet entered. Until we see a 'large volume bullish candle' at the 1H level that engulfs the previous bearish candle, all bottom-fishing is just catching falling knives. #Pippin