$TRB Leveraged Players' Bloody Lesson: Holding Positions During Sideways Market for 1 Hour, Liquidated and Lost 80% of Capital! Remember These Two Stop-Loss Points!
1. Market Condition: Tug-of-war between bulls and bears, retail investors shouldn't stubbornly hold TRB, which is now oscillating like being pressed in a 'box' between $50.5 and $52. There is resistance from moving averages above ($52.42) and buying support below ($50). The hourly chart shows bears temporarily in control (MACD green bars widening), but the daily chart hasn't broken down (bullish trend intact), just like two teams in a tug-of-war stalemate; retail investors shouldn't act as 'cannon fodder' and force a fight, wait for a clear direction before taking action.
2. Key Levels: Set a 'safety rope' for buy and sell support at $50 (whole number + moving average support) is a short-term defense line, breaking below may lead to $48 (stronger support), bottom-fishing can be tried at these two positions, set stop-loss at 3% (for example, buy at $50, if it breaks below $48.5, get out); resistance level: $53 (whole number + previous high) is a short-term hurdle, breaking through looks to $55, short-term can take profit or try to short here, set stop-loss at $56 (give up after breaking through).
3. Risk Warning: The dealer is the 'referee' with deep manipulation tactics: the dealer will push prices up to sell off, and create spikes to shake out weak hands (like pulling back after a 5-day plunge), retail investors chasing highs and selling lows are easily trapped; platform interference: Binance's withdrawal policy changing can cause prices to soar or plummet, need to keep a close eye on announcements; survival rule: don’t exceed 5% of total assets in position, avoid leverage, take profits when earned, don’t stubbornly hold when losing, this is not investing, it’s speculating like 'pulling teeth from a tiger'.
Summary: TRB is currently in a 'high-risk oscillating situation', retail investors should either observe or trade lightly and quickly, remember 'don’t be greedy, don’t gamble, survival is priority'.
Successfully recouping losses, doubling the account. Stay close during rainy days, position in advance, enjoy the big gains!!!
Continuously pay attention: LPT RPL TRB
