TRADOOR's 30% daily plunge this time isn't really surprising. But every time this happens, the market enters a most frustrating phase—the first rebound after a sharp decline.
Many people see the price getting cheaper and want to buy the dip, not realizing that this is often not a reversal signal, just a consolidation trend. Over the years, I've seen too many similar patterns: certain small coins break support with high volume and then suddenly rebound on decreasing volume, seeming to stabilize, only for the larger cycle trend to have already been broken. The market loves to create false hope.
From a technical perspective, currently the 1-hour and 4-hour RSI are still hovering near oversold levels, and although the MACD is below the zero line, it hasn't yet shown a bullish crossover. More importantly, volume—this rebound looks more like panic selling spilling over rather than the main force quietly accumulating. Experience tells me that market sentiment after a crash needs time to recover, and the probability of a straight V-shaped reversal is very slim.
**My decision is to continue observing.** This market doesn't warrant taking risks. If I must participate, I would wait until the price strongly breaks through the previous high on the 1-hour timeframe (around 1.20 USDT) and then retests without breaking below, which could indicate that the bearish force has truly exhausted. Until then, watch more, act less, and let the market structure reveal its own answer.
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RugpullSurvivor
· 10h ago
It's the same story again. Those trying to buy the dip are all trapped, and I'm getting tired just watching.
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TradFiRefugee
· 10h ago
It's the same story again, always buying the dip results in huge losses, it's hard to watch.
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ImpermanentLossFan
· 10h ago
It's the same old fake rebound again; those trying to buy the dip will have to cut their losses. I don't believe this time will be any different.
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LuckyBearDrawer
· 10h ago
Coming back with this again? I already said not to rush into the bottom, but a bunch of people still need to suffer a loss before they understand.
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RamenStacker
· 10h ago
It's the same old fake rebound trick again; those trying to buy the dip will get burned this time.
Agreed, don't trust the rebound caused by panic selling; the technicals are being torn apart badly.
Wait until the 1.20 breakout before considering, jumping in now is just giving away money, really.
The market is the best at playing these psychological games; someone always falls for it, I'm used to it.
Volume says everything; this rebound is too much of a fake, I'm also watching from the sidelines. Staying clear-headed is never wrong.
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GhostChainLoyalist
· 10h ago
Here comes the false rebound again. I'm just waiting for it to break 1.20 before I get in.
TRADOOR's 30% daily plunge this time isn't really surprising. But every time this happens, the market enters a most frustrating phase—the first rebound after a sharp decline.
Many people see the price getting cheaper and want to buy the dip, not realizing that this is often not a reversal signal, just a consolidation trend. Over the years, I've seen too many similar patterns: certain small coins break support with high volume and then suddenly rebound on decreasing volume, seeming to stabilize, only for the larger cycle trend to have already been broken. The market loves to create false hope.
From a technical perspective, currently the 1-hour and 4-hour RSI are still hovering near oversold levels, and although the MACD is below the zero line, it hasn't yet shown a bullish crossover. More importantly, volume—this rebound looks more like panic selling spilling over rather than the main force quietly accumulating. Experience tells me that market sentiment after a crash needs time to recover, and the probability of a straight V-shaped reversal is very slim.
**My decision is to continue observing.** This market doesn't warrant taking risks. If I must participate, I would wait until the price strongly breaks through the previous high on the 1-hour timeframe (around 1.20 USDT) and then retests without breaking below, which could indicate that the bearish force has truly exhausted. Until then, watch more, act less, and let the market structure reveal its own answer.