Binance's SLERF surges 600%! Honghu teaches you the correct way to cut the farmer's leeks
Family, the pot has exploded! Binance just announced the delisting of the SLERF contract this morning, and this coin immediately staged a stunning reversal, soaring 600% to $0.43, then played a pinball roller coaster, wildly swinging 20% up and down within half an hour!
Honghu thinks this is obviously the main force using news to collect positions from the contract party! Think about it, last year when Binance delisted ANKR, it also first drove the price up to blow out the shorts and then smashed down to bury the longs. But smart people have already figured out the routine: delisting by the platform does not mean zero, but rather a chance to pick up bargains in the spot market!
Retail investors, remember three tricks:
Don't touch contract leverage, spot market ambush is safer
Place orders to buy in batches below $0.06 during sharp declines
Keep a close eye on trading volume; a significant rebound is the real signal
Remember, surviving longer in the crypto world is more important than making quick profits! Follow Honghu and participate in every attack by the Honghu villagers! Honghu will announce the specific entry times and real-time news every day in the village!