labubu

Bubble Mart LABUBU's market value exceeds 16 million 🩷 24-hour increase reaches 147% 💴 Should we still jump on board now?

🪻 The price has recently surged explosively, with the market value skyrocketing from tens of thousands to millions. The community is generally optimistic, with strong FOMO (fear of missing out) and slogans like 'to the moon' emerging.
🪻 The community, whales, and influencer groups continuously emphasize LABUBU's strong rise and high returns for early investors, providing significant momentum for short-term speculation.
🪻 The MACD technical indicator has just shown a golden cross, indicating further upward momentum in the short term.
🪻 However, the CRSI indicator is extremely overbought (92.45, far above 90), meaning a technical pullback could happen at any time.

🪻 The community is extremely bullish, with strong FOMO, and whales and influencers are continuously driving the hype, but this kind of explosive sentiment can quickly reverse into a significant pullback.
🪻 The risk of chasing highs is very high, with limited upside potential but a very high risk of downside retracement.
🪻 Without extremely strong short-term trading skills and risk control, it is not recommended to buy in during this extreme sentiment and surge.
🪻 If there is a strong intention to enter, only small positions should be attempted, with timely stop-losses in place.

🩷 Meme coins can easily pump but also easily crash; extreme surges in the past have often been followed by sharp pullbacks, so capital safety comes first. 💴

The opinions shared do not constitute investment advice. 😘
#labubu