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.
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fren.ethvip
· 9h ago
Same old rhetoric, the grinding wheel is about to take off in three days? I’ve heard this kind of talk too many times. --- 0.33 fluctuates repeatedly, basically the main force is shaking out the weak hands, retail investors have probably been pushed out. --- Stop-loss below 0.30 is a bit loose, can it really hold if it drops to this level? --- Negative funding rates don’t necessarily mean a trap, sometimes there’s just no one willing to take the other side. --- Splitting profits and selling in batches sounds very scientific, but when it really hits 0.34, who’s willing to sell? That’s the paradox of technical analysis. --- Wait, can 0.405 really be reached? Feels exaggerated.
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MetaMuskRatvip
· 10h ago
It's that old trick of fakeouts again, claiming that the bottom support strength is still there every time, but what actually happens?
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ForumMiningMastervip
· 10h ago
Bro, this analysis is spot on. The 0.33 level has been repeatedly tested, and I've had my eyes on it for a while. I'm just worried it might be a false breakout again, which retail investors fear the most. I've seen this trap of inducing a short squeeze many times, but since the funding rate is negative, it indicates that the bears are still being suppressed. I’ve noted the entry point at 0.328, and I'll start with a small position to test the waters.
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GasFeeTherapistvip
· 10h ago
It's the same story again, 0.33 grinding disk will take off in three days? But it still looks like it's sideways to me.
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GamefiGreenievip
· 10h ago
Bro, this analysis is pretty solid. I also like the entry at 0.328.
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