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Looking at the current market trend, the price is stuck at $3,094, sandwiched between the MA20 ($3,101) and recent support ($3,088). Honestly, this position is a bit awkward, but it’s also where the opportunity lies.
Compared to the bottom chips at $3,075, buying now would cost you about $20 more. Some might feel it’s a loss. But from another perspective, this $20 is actually the tuition fee paid to confirm that "the price won’t fall further," which is worth it. No one can catch the bottom, what we want is the safety margin after confirmation.
Where is the real game point? ATR is now extremely low, and with such severe volume contraction, once it breaks upward, it’s likely to surge directly. This isn’t the floor price, but definitely the last cheap zone before a breakout. If you don’t act now, you might miss the retracement — the market with extremely reduced volume is unlikely to fluctuate back and forth.
具体怎么干:
Buy at the current price directly (Market Buy), don’t wait with a limit order. The time window is this narrow. Lock in the entry zone between $3,090 and $3,095. First batch, allocate 20% of your standard position.
Risk bottom line: set the stop loss at $3,040, and exit immediately if it breaks. Don’t be soft-hearted.
How to view the targets: The first target is $3,145, where there’s resistance near the MA50. If it breaks through smoothly, look higher to $3,200, which is the high point of the wave. Take profits in stages, don’t be greedy.
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$20 tuition is not expensive; you're paying for certainty.
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If you don't get in now, you'll have to chase higher next time. I don't like that feeling.
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Extreme volume contraction indicates a big move is brewing; this logic makes sense.
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Just go for Market Buy; placing limit orders at this time is too painful.
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Once it hits 3040, it's time to run; stop-loss discipline must be maintained.
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The MA50 level does have some resistance, but breaking through could lead to a skyrocket.
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Honestly, this kind of position tests your mentality.
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Entering with 20% of your position is quite safe; don't go all in at once.