
Post

Happy_shanky
I know what you're thinking. $ETH rose from 2433 to 2667, and you're wondering: "Can I chase it?"
If you really can't resist, just watch one indicator: 2748. If $ETH breaks through 2748 with volume and holds above it, the short squeeze will trigger a second wave of short covering. Chasing at that point is at least logically consistent. But your stop loss must be set below 2700, because if it falls back, it means the supply wall has won, and chasing in means you're taking the bag.
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