Be very careful. 🚨 $RE
I wouldn't consider buying from anywhere outside the support zone.. https://t.co/gySJ6SwyR5
Be very careful. 🚨 $RE
I wouldn't consider buying from anywhere outside the support zone.. https://t.co/gySJ6SwyR5
Merak ettiğin hisse, maden, coin varsa sorabilirsin 👇
#analiz #bist100 #gramaltın #gold #borsa #hisse #crypto #coin
Be very careful. 🚨 $RE
I wouldn't consider buying from anywhere outside the support zone.. https://t.co/gySJ6SwyR5
Execution is always much trickier than theory, but one trade that works repeatedly is to short the post-TGE squeeze of a new coin
$RE is the most recent example of that dynamic
It's almost a physical law of crypto: immediately after the TGE is when you both have the lowest float on the token, as well as the most attention, volume, and energy ready to go into it
Highest demand + lowest float = squeeze
As time goes by, these 2 forces go in the opposite direction, because the attention/demand rapidly decreases (check the volume bars trending to zero), and the float increases due to unlocks
Which mechanically leads to price endlessly bleeding.
This dynamic is what we should expect for $SPCX too.
The main risk with this strategy is that in crypto, some tokens are designed as pure scam coins, and they don't follow these 'physical laws' at all. You don't want to be caught shorting these tokens...