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This coin is indeed interesting. Looking at the chart, the sharp decline in the afternoon was actually just a false alarm, and the subsequent rapid rebound indicates what? The bottom support remains strong. Combined with the funding rate being in the negative zone, this is a typical bull trap—trying to shake out retail investors through this rise and fall.
The technical aspect is even more intriguing. On the daily chart, the price has been repeatedly testing the 0.33 level for three consecutive trading days. This kind of accumulation pattern usually signals that a big move is coming. Patience will be rewarded, as a significant upward breakout is approaching.
From an operational perspective, around 0.328 is an ideal entry point. For risk management, set the stop-loss below 0.30 to effectively handle extreme situations. Profit-taking can be done in stages: the first resistance at 0.34, the second at 0.37, and the third target at 0.405. Once a breakout occurs upward, the potential space is even more promising.