$ZKP I choose to open a short position at 0.1408, completely based on the opportunity provided by the market. The previous high pressure at this position is very obvious, and the price has been pushed back multiple times, unable to rise with increasing volume, a typical bait structure. The hourly high points are starting to decline, and the rebounds are getting weaker, indicating signs of capital retreat. Moreover, since this is a new coin, I will first short one hand. It's that simple!
Continuing to chase long positions at this level has a very low cost-performance ratio, and instead, it's the most comfortable entry point for bears. Following the structure is much more reliable than guessing news.
If you are still anxious about which coin to trade in the current market, if you are still feeling emo about missing out or being stuck, stop overthinking it! The speed of the chat room, the speed of strong flipping and recovering funds is here
