🟨 Is it going to explode… or has it already exploded? — Day 11 of my diary on Binance
Hello! Day 11 of my diary on Binance. Yesterday I sold my BONK just before it dropped and switched to PEPE, which went up shortly after. I no longer have BONK, and today I focused on PEPE. This made me think: how to know if a crypto is about to explode… or if it has already exploded and you’re left with an empty party?
Today I will explain in simple terms how I try to anticipate.
🚀 What does it mean that it “is going to explode”?
It’s when a crypto hasn’t risen strongly yet, but shows signs that it could. There’s noise, volume, accumulation, but the price hasn’t shot to the moon.
📉 And what does it mean that it “has already exploded”?
It has risen a lot in a short time and now it could stagnate, correct (drop a bit), or fall hard (dump).
🧠 3 signals that it could explode:
Increasing volume without a big rise: People are buying, but the price remains = accumulation. Example: PEPE a few days ago with more volume at $0.00001080.
A lot of interest, little movement: You see it on social media, in trends, but the price hasn’t taken off. They are accumulating!
Breakout of resistance: If it surpasses a previously rejected price with volume, it could take off. Example: PEPE broke $0.00001130 and today reached $0.00001300.
3 signals that it has already exploded:
A rise of 50%+ in a short time: Be careful if you see a huge candle and everyone is talking about it. Example: PEPE rising 100% in a day.
Everyone is talking about it (and late!): If you see it on TikTok or it comes to you via WhatsApp… it probably already flew.
Decreasing volume while rising: If it’s going up but with fewer people entering, it could be a trap.
🔍 Tools I look at:
Candlestick charts: Is it rising strongly or slowing down?
Volume: Are more people entering or are they already selling?
RSI: If it goes above 70, it might be expensive, be careful with selling.
Networks: Is it FOMO or are there real fundamentals?
📈 Market status today — July 11, 8:50 PM
Today I reviewed PEPE, my focus now:
PEPE: It rose to $0.00001300, I sold and made a little profit. It dropped to $0.00001240, so I bought again. If the volume increases tomorrow, it could go to $0.00001350. If it drops to $0.00001180, be careful.
BTC: It dropped to $106,000 today (-0.9%), and the market is calm at 8:50 PM. It could be a refuge if PEPE corrects.
With my 0.06 USDT, I’m trying with PEPE. What do you see in the market?
📌 Conclusion of Day 11
Today I understood that it’s not magic: there are signals. If it only rose due to hype, it can drop quickly. But if I see volume, accumulation, and breakout… that could be the chance.
I learned to ask: “Is this just starting, or am I late?” At 8:50 PM today, the market is calm; what will happen tomorrow?
💬 Question of the day:
What crypto excites you today? Let’s analyze it together!
#BinanceSquare #EducaciónFinanciera #DIA11 #TrendTradingStrategy $PEPE