Is the market trend bullish?
Yes. But are you entering any currency? No.
A general upswing doesn't mean randomly entering any coin you see in the green.
Practical example:
$LAYER is already moving within a strong ascending channel, but it's currently at the channel's ceiling, and with a clear overbought zone, entering now is considered risky.
The smart decision?
Waiting for a correction to the lower boundary of the channel, which are technically stronger and less risky buying areas. šš
#layer #BinanceSquareFamily #Crypto_Knights #BinanceAlphaAlert #AltcoinETFsPostponed