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Crypto Nova07
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Bullish
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$BTC
can take a little scalp here
Tps 95200, 96800, 97970
SL 1hr close below 92338
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Crypto Nova07
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$WOO +14% profit 🚀
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$INJ buy setup
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$WOO limit buy setup Entry : CMP & 0.21917 SL 4hr close below 0.19448
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General advice about Hyperliquid : ------------------------ We consider the situation similar to 2020 - $Uni airdrop. ------------------------ People talking about 100-200$ are speculating a volume and user adoption rate growth overtime which is largely conditional. ------------------------ We are likely the first of channels going to be telling you to stay out of HL tokens until the price bases out. If it pumps while you're waiting, let it. ------------------------ Putting into perspective - hyperliquid has a 24H trading volume of 3.5B$ (questionable volume with degen users predominantly) sitting at a FDV of 25B$ and market cap of 8B$+ ($HYPE) Comparing it to Binance - not fair but only for perspective - Binance has a trading volume of about 75-80B$ (Organic volume with maximum retail participants) With an FDV of 100B$ ($BNB) ------------------------ Hype is Extremely Hyped. All those that dumped their airdrop for 3-10$ are crying for weeks, fueling this distribution above 20$ ------------------------ Every second token will be pulling a multiplier in coming months. Do not fomo into overvalued hyped tokens which are sitting at crazy FDVs. Even if you do, size them very smaller than usual. #Advices
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Will try to share more in the upcoming days
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