$THE Is anyone buying this? Thinking that the price will recover It won't. Learn to lose and use stop loss and never buy at the top. Are you at a loss? Close the position and admit the mistake. Who would buy a coin that had a tremendous pump-dump manipulation right after? No one with a good understanding of technical analysis.
I don't think the coin is bad, but today there is a FED meeting, generally on this day there is a lot of tension in the market, with an upward trend, whether from the VIX, whether from the DYX. Forming a drop in Bitcoin and consequently alts. Terrible day for a new listing.
This was not just a Short, it was a very well-crafted manipulation. Entering a coin after a Short makes sense. because obviously those who sold will have to buy back. Here it’s all something different: a hacker who borrowed from the VENUS protocol and sold a huge amount. This was not a leveraged Short. Just a massive sale. If this huge amount was sold, without leverage, it will not be repurchased. That’s why I don’t believe in a price recovery. The negative hype drives away small and large investors. I wouldn't enter here there are safer coins for you to trade.
$NIGHT And this is what stoploss is for I bought, waited... Trade that does not advance, close the position and look for another coin. Do not cling to a project or idea.
$NIGHT Blah-blah-blah imminent break Blah-blah-blah short now These technical analyses made with AI that a bunch of people with no knowledge keep reporting non-stop only serve to make you lose money. The ATH on the competing exchange is 0.1199
Stop following pseudo traders who do not do scalping, they only copy the successful trader of others.