📢 Brothers, stay calm – This may just be the "tree shake" of the sharks!
Today, BNB Card just experienced a strong red candle after reaching its peak. Many people saw the price drop and immediately got worried, but take a closer look: the actual selling volume is very low, while the buying pressure before was extremely strong.
💡 With liquidity not exceeding $250K, sharks only need to offload a small amount to make the price plummet, creating a sense of panic to:
1. Force weak-handed investors to sell at the bottom.
2. Accumulate stock at a lower price.
📊 Observing more closely:
The short-term MA is still trending upward → the longer trend is still bullish.
The RSI just reached ~70, not overly hot.
After the sell-off, the price still held the support zone of 0.0020 – this is a good signal.
🚀 This is a familiar strategy of the sharks: "push down – accumulate – push up again". Stay patient, don’t let yourself be shaken out. We will closely monitor the buying volume in the upcoming candles. If the buying pressure rebounds strongly, the possibility of BNB Card continuing to grow is very high.
Spirit: Steady hands – Maintain discipline – No FUD! Those who understand the shark game will be the ultimate winners.
Don’t buy the red, what will you sell in the green? Be greedy when others are fearful.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.