INIT

This week, the second round of the small-scale gambling focuses on this small nose: $INIT

① At this moment, this small nose is undergoing a second test at the 0.38-0.4 level on the 4-hour chart, and the volume is gradually shrinking compared to previous waves. From a short to medium-term perspective, entering the initial position at this level is reasonable.
② Even if it breaks down, wait for a right-side signal to add to your position. There will be at least one demand to return to the 0.38-0.4 range, which will give you an opportunity to exit.
③ Once the bottom of this wave is confirmed, the minimum rebound target for this wave should be set at 0.5+, with a 22% profit margin based on the current price. If we discount it, achieving 8-12% is very nice!
④ Control your position; you know what to do. Keep your position size within 20% (not 20% of the total position, refer to what Saoge mentioned in the live broadcasts on July 2nd for understanding the small-scale position).
#加密市场回调