I've been keeping an eye on the doyr token lately and it still feels like we're in the first wave of the rally. I have a few thoughts:
First, let's talk about sentiment. The market sentiment indicator has already peaked. When things rise too quickly, there always needs to be a breather, right? This pump was definitely aggressive, but a correction is just a matter of time.
That said, this token has been pretty hot recently—definitely one of the more interesting meme projects lately.
My strategy is simple: wait. Specifically, I'm waiting for about a 50% correction. Once it gets to that level, I'll consider entering.
But just waiting around is a waste of time. The smart move is to mark all the profitable addresses in this wave, as well as those that popped up at key moments, and study how they operate. That's the real learning opportunity.
Speaking of the 50% correction, about another token...
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
7 Likes
Reward
7
4
Repost
Share
Comment
0/400
AllInAlice
· 12-06 22:55
50% retracement? Wake up, bro, when this kind of coin pumps, it doesn’t stop. When it pulls back, it crashes straight to the floor.
View OriginalReply0
CascadingDipBuyer
· 12-06 22:39
50% retracement? Bro, you won't get that price, the whales have already eaten it all up.
I'm also watching this round of doyr, feels like it's still the same tricks, once emotions peak it's time to disperse.
Marking addresses is a good idea, but very few people actually dare to follow.
View OriginalReply0
ETH_Maxi_Taxi
· 12-06 22:37
A 50% pullback? Dude, you're overthinking it. With how hot this coin is, there's no way it'll drop that much.
View OriginalReply0
WhaleSurfer
· 12-06 22:31
A 50% retracement sounds easy, but it's hard to actually do. When the price really gets to that level, do you dare to buy the dip?
I've been keeping an eye on the doyr token lately and it still feels like we're in the first wave of the rally. I have a few thoughts:
First, let's talk about sentiment. The market sentiment indicator has already peaked. When things rise too quickly, there always needs to be a breather, right? This pump was definitely aggressive, but a correction is just a matter of time.
That said, this token has been pretty hot recently—definitely one of the more interesting meme projects lately.
My strategy is simple: wait. Specifically, I'm waiting for about a 50% correction. Once it gets to that level, I'll consider entering.
But just waiting around is a waste of time. The smart move is to mark all the profitable addresses in this wave, as well as those that popped up at key moments, and study how they operate. That's the real learning opportunity.
Speaking of the 50% correction, about another token...