“Brothers! Look at this K-line chart flashing red and green, isn’t it reminiscent of the crypto version of (The Wandering Earth)——cheers globally when it rises, ice age when it falls!
The truth behind the crazy surge: the main force is using favorable winds to ignite!
Brothers! SYN's 30% violent surge, on the surface is a K-line golden cross with volume, but in fact, it hides three major driving forces:
The project party suddenly released news of a 'cross-chain ecological heavyweight cooperation' (internal channels reveal it involves a certain Layer2 giant), institutions ambushed in advance, directly igniting buying pressure;
The main force takes the opportunity to pull the market and cut the leeks: from the sudden increase in trading volume +委比 turning positive (+0.26%) it can be seen that large funds are placing orders to create a 'purchase rush illusion', attracting followers;
Technical rebound from overselling: Previously dropped to the support level of 0.1419, MACD divergence is obvious, a big player is all-in to kill the shorts!
Life and death situation after the surge: this position determines whether it doubles or gets cut in half!
Qiu Ge's view is clear: there will definitely be a short-term pullback, but it may drop to 0.23! The key depends on three points:
The dividing line between bulls and bears focuses on 0.1800 (daily life line):
If it holds: after a washout, a second surge is expected, targeting the previous high of 0.1990 → resistance level of 0.2301;
If it breaks: directly retesting 0.1761 (even 0.1419), 30% profit evaporates overnight!
MACD hides risks:
Although there is a golden cross opening, the current price of 0.1854 is too far from the moving average, with too much divergence, it must retest the 5-day line for support; chasing high is just sending heads!
Has the main force run? Look at the volume:
During the surge, the trading volume spiked, but the latest transaction price around 0.1854 shows a clear decrease in volume, indicating that the main force has sold off at the high point of 0.1990, with retail investors standing guard!
Qiu Ge's harsh words: A survival guide for retail investors!
Plummeting to 0.1761: boldly bottom-fishing (30% position), aiming for a second surge;
Breaking 0.1761: immediately cut the position! The big player wants to smash the market and cut the leeks!
Breaking through 0.1990: increase position and chase, targeting 0.2301 (20% increase potential);
Long-term gamble on the life gate:
If cooperation news from the project party is confirmed (for example, official announcement of AWS cooperation), SYN will definitely surge to 0.5! If the favorable news turns out to be 'hot air', a zeroing tide awaits!
Want to know what an effective breakout is, what a breakdown is, and don’t know where to short or go long, come find me for hands-on guidance
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