Before You Trade Any Coin – Check These Key Points
New crypto traders often jump into trading a coin because of hype or fear of missing out.
But smart traders always analyze first, trade later.
Here’s what you must check before entering any coin trade:
1. Trend Direction – Is the coin in an uptrend, downtrend, or sideways? Don’t trade against the trend.
2. Volume – Strong volume confirms genuine moves; low volume may lead to fake breakouts.
3. Support & Resistance Levels – Know where price could reverse or stall.
4. Market Sentiment – Check news, social media, and on-chain activity for spikes in interest.
5. Risk Management – Decide stop-loss and position size before you enter.
6. Recent Price Action – Study the last few candles for momentum and pattern confirmation.
Remember: A coin looks exciting, but your analysis decides if it’s worth trading.
Never enter a trade blindly — the market rewards those who prepare first.
