I had bought BIO coin at 0.7400, and now the price is 0.5200. I am facing a significant loss. Should I hold BIO coin for the long term, or should I sell it and try to recover the loss by taking small trades? Because I am currently facing a $200 loss
I bought at 0.7200 and invested $400, now should I sell or hold?
Dr Fostus John
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$BIO
A Sudden Turn Hits Traders
In a dramatic market move, $59.2K worth of long positions were wiped out at $0.575, catching traders off guard. Those who anticipated a price surge saw their bets backfire as the market turned against them. Such liquidations often signal a sharp shift in sentiment, leaving many to rethink their strategies. This significant sell-off could fuel further volatility, drawing the attention of both cautious and opportunistic traders. With the market now in flux, participants may need to stay vigilant and adapt to these rapid changes to avoid similar setbacks.
VANA/USDT is experiencing a massive surge in momentum, rallying to a 24-hour high of $23.150. With bullish sentiment driving the market, VANA has become one of the top gainers of the day.
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🔎 Key Levels to Watch:
Resistance: $23.150 – Breaking this level could push VANA toward $24.00 and higher.
Support: $21.000 – A critical zone for bulls to maintain control and prevent a retracement.
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📊 Trading Strategies:
Bullish Strategy:
Look for sustained momentum above $21.80, with targets at $23.50 and beyond.
Set stop-loss orders just below $21.00 to manage risk effectively.
Bearish Strategy:
Watch for rejection near $23.150, which could signal a pullback toward $20.50.
Consider entering short positions if bearish confirmation appears, with tight stops.
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⚠️ Market Volatility:
VANA’s 18% surge highlights increasing volatility. Use caution and monitor trading volume for confirmation of trend continuation or reversal.
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📢 What’s your next move? Will VANA break past $23.50, or is a correction on the horizon? Share your thoughts!
$VANA /USDT is showing a positive momentum, with the price currently at approximately $18.65 (+8.58%) and a 24h high of $20.295. The 24h low is at $16.873.
According to the BOLL indicator (20,2), the upper band is at $19.099, the middle band is at $17.395, and the lower band is at $15.690. The current price is above the middle band, indicating a potential bullish trend.