#美联储回购协议计划 $PIPPIN I opened a short position at the 0.57 level. It's not based on intuition, but because the chart itself has already given very clear signals.
During that period, although the price was continuously rising, the problem was obvious—the highs were pushing higher, but the trading volume couldn't keep up. Both the 4-hour and hourly charts showed divergence at the top, indicating that the bulls had already started to force the market, with the driving force being more emotional buildup rather than genuine momentum. Looking at the structural aspect, the 0.57 area coincides with a previous dense trading zone, and the selling pressure above is extremely heavy. If it can't break through, there's only one direction—down.
I chose to go short at this position, with the core logic being: the bullish momentum is almost exhausted, not betting on it continuing to surge wildly.
The subsequent movement fully aligned with expectations. Once the price broke below the key moving averages, rebounds became weak, and each pullback turned into a new opportunity to sell. This is the essence of trading—it's not necessary to be right every time, but when signals are clear, the odds are on your side.
Recent focus: H, JELLYJELLY, PIIVERSE, LYN, IR, XPIN, BEAT
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BanklessAtHeart
· 20h ago
Top divergence is indeed well grasped; volume-price divergence is like handing you a knife. I also saw the 0.57 wave, but unfortunately, I reacted half a beat too late.
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TokenToaster
· 20h ago
That short position at 0.57 was a perfect catch. The top divergence combined with the volume's failure to follow through is too powerful a combination to ignore.
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SerLiquidated
· 20h ago
Damn 0.57 I saw that move too, the bulls are indeed holding on, and the volume and price are diverging badly.
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BlindBoxVictim
· 21h ago
Clear about the top divergence; if the trading volume can't keep up, it's a dead signal. It's been time to short.
#美联储回购协议计划 $PIPPIN I opened a short position at the 0.57 level. It's not based on intuition, but because the chart itself has already given very clear signals.
During that period, although the price was continuously rising, the problem was obvious—the highs were pushing higher, but the trading volume couldn't keep up. Both the 4-hour and hourly charts showed divergence at the top, indicating that the bulls had already started to force the market, with the driving force being more emotional buildup rather than genuine momentum. Looking at the structural aspect, the 0.57 area coincides with a previous dense trading zone, and the selling pressure above is extremely heavy. If it can't break through, there's only one direction—down.
I chose to go short at this position, with the core logic being: the bullish momentum is almost exhausted, not betting on it continuing to surge wildly.
The subsequent movement fully aligned with expectations. Once the price broke below the key moving averages, rebounds became weak, and each pullback turned into a new opportunity to sell. This is the essence of trading—it's not necessary to be right every time, but when signals are clear, the odds are on your side.
Recent focus: H, JELLYJELLY, PIIVERSE, LYN, IR, XPIN, BEAT