ULTI is all about psychological warfare!
After a sharp rise to 0.003565 in the early session, it quickly fell back to close at 0.003359. It seems like a 2.75% increase, but the trading volume of 1.53 million is merely a fraction of the estimated 3.98 million. This is a typical scheme by the main players to cut losses for the retail investors.
Currently, the MA5 (0.003235) and MA30 (0.003255) are twisted together like a pretzel. In this moving average strangulation pattern, the market makers could flip the table at any moment—either a big bullish candle breaks through the previous high of 0.003565, or they directly smash through the daily low of 0.003242, triggering panic selling.
The MACD reveals even more secrets: the DIF (0.0057) and DEA (0.00413) seem close but actually hide a deadly threat, the green bar (-0.00411) is weak but continuously expanding, indicating that the bears are quietly building strength.
Remember two critical levels: if the upper resistance at 0.0035 cannot be breached, quickly take profits; if the lower support at 0.0032 is broken, immediately clear your position with one click!
This market is like the main players are playing 'the wolf is coming'; any volume rebound is just a false gesture. Wait for the day when trading volume suddenly exceeds 5 million before considering following in; otherwise, it's better to miss out than to be cannon fodder!
Are you trapped? When to buy the dip? It's still the same saying, if you're confused and helpless and don't know what to do, click your profile picture and comment. I need fans, you need references.
I will continue to ambush strong coins, if you want to follow the strategy 🚙: 111
