DEGO reverse operation! While others are going long, I’m shorting and making profits while lying down!
This market is ridiculous! DEGO's big bearish candle directly plunged -51.45%, the bulls collectively crashed, and I flipped to short and made money!
Key data:
24H volatility reached 2.55%, with a low spike down to 1.286, all long positions turned into fuel
15-minute trading volume surged, clearly indicating that the market maker is dumping
Weak rebound, resistance at around 2.6 is solid, any rebound is an opportunity to add shorts
Trading strategy:
Spot: Don’t catch falling knives, wait for stabilization around 1.3 before considering
Contract: Continue to short around 2.5-2.6, stop loss at 2.8, target below 1.5