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$SIREN Let me analyze this Gouxuanzhuang for you.
From 1.0 to 0.2, Gouxuanzhuang definitely hasn't abandoned the position.
Everyone should have seen what a typical abandoned position looks like, right?
Now it has rebounded to 0.5, so what will the next trend be?
First, why is it rebounding? Because too many people are shorting, and Gouxuanzhuang will definitely push it up to take out these traders.
Second, where will it rebound to? There are many trapped positions above 1.0, and Gouxuanzhuang won't be releasing them.
So, it’s likely to rise to around 0.8, then consolidate for a while before dropping again.
If you want to short, you can wait and enter around 0.8.
I have plenty of bullets, I’m entering now!!!!
Everyone, don’t follow my example #Gate广场四月发帖挑战