$SIGN Early Pan's 10% pullback this time belongs to the project party's unloading, with the project party's address transferring 8.6 million tokens to the exchange in one day (on-chain monitoring shows)
Combined with the market's "spike-style decline - rapid recovery" classic control method, the new coin turnover rate skyrocketed to 387% (far exceeding the industry average of 120%)
High volume at high levels is usually accompanied by loosening chips, with the 1-hour K-line showing a "gravestone doji + engulfing pattern" combination, which is a typical bullish trap pattern
Currently, it seems that the bullish trend may continue, and the project party's price must continue to rise!
Therefore, we need to be cautious when entering the market. Personally, I do not recommend heavily investing in new coins. It is advisable to manage take-profit and stop-loss orders well, and only roll over small positions. Risk control should be the top priority!
If you want to achieve good results with new coins but are unsure about risk control, suitable entry points, and good position management,
you can call me. Follow me, and let me bring you an unprecedented experience in the crypto world!
