From a technical perspective, this coin indeed has an expectation of a rebound. The previous profit-taking has basically been completed, and the price found support near the 60ema — this level is very critical. Looking further down, 0.00058 also forms a support, and once this level is held, the probability of a new upward move increases.
However, to be fair, meme coins are highly volatile and are not really suitable for large investments. Instead of gambling recklessly, it's better to use disposable funds that you wouldn't mind losing to play, which can also reduce the risk of emotional breakdown. The benefit of small-scale participation is that you can enjoy the market's fun without risking serious loss. Thinking this way, meme coins are actually quite interesting.
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orphaned_block
· 21h ago
If I can't hold the 60 EMA, I'll just clear my positions directly. Don't talk to me about technical analysis...
Meme coins are just gambling. No matter how nicely you put it, that fact doesn't change.
It's okay to play around with spare money, but the brothers who really threw their savings in should be pretty regretful now.
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NotFinancialAdviser
· 21h ago
As long as the 60 EMA holds, it's bullish. It's easy to say, but when it really drops below, the mentality still needs to be prepared...
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Playing with spare money on meme coins is enough; don't think about getting rich overnight. This rebound does have some potential.
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If the 0.00058 support line is broken, it's dangerous. By the way, are you really only using spare money?
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Support levels sound nice, but ultimately it depends on how the whales play. Anyway, I only participate with small amounts.
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Meme coins are really fun. If I make a profit, I'm happy; if I lose, I don't mind. Just treat it as entertainment expenses.
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This price rebound could be fierce, but everyone, please don't go all-in.
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ApyWhisperer
· 21h ago
The 60 EMA really acts as a bottleneck, but I'm more concerned about how long 0.00058 can hold up.
Playing meme coins with spare money is the right move; a steady mindset is what makes a winner. Don't compare yourself to those all-in brothers.
If this rebound really kicks in, those who entered early should have already taken profits.
By the way, have you held your position? It feels like a trend reversal could happen at any time.
Meme coins are just for fun; mental preparedness is the real key, everyone.
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AirdropF5Bro
· 21h ago
If I can't hold the 60 EMA, I'll sell. Anyway, meme coins are just for fun.
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GweiWatcher
· 21h ago
If you can't hold the 60 EMA, don't expect a rebound. I've already cut my losses.
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SnapshotLaborer
· 21h ago
Playing with spare change is fine, but throwing real money in is just asking for trouble.
From a technical perspective, this coin indeed has an expectation of a rebound. The previous profit-taking has basically been completed, and the price found support near the 60ema — this level is very critical. Looking further down, 0.00058 also forms a support, and once this level is held, the probability of a new upward move increases.
However, to be fair, meme coins are highly volatile and are not really suitable for large investments. Instead of gambling recklessly, it's better to use disposable funds that you wouldn't mind losing to play, which can also reduce the risk of emotional breakdown. The benefit of small-scale participation is that you can enjoy the market's fun without risking serious loss. Thinking this way, meme coins are actually quite interesting.