Fengya midline currency recommendation -004 focuses on spot investment. The strategy is to hold positions for more than one month. The goal is to achieve profit-taking before March 2024, and the expected income is at least doubled. Please be aware that any investment is accompanied by risks, and you must do your own in-depth research (DYOR) and do risk management.
As a recommended currency,#NTRNis a member of the Binance Launchpad project. Its price briefly pulled back to close to the opening price level when it was first launched online, showing a significant bottom pattern at the weekly level. This week, the currency’s trading volume has increased, showing increased market activity.
Currently, the circulation of NTRN accounts for about 28% of its total supply, which means that the project team still holds a large amount of unlocked chips, which reduces the risk of price collapse due to large-scale selling in the short term, thus increasing expectations for future price increases. .
On Binance, the current price of NTRN is 0.429. The recommended buying point is to enter the market when the price pulls back to around 0.404, and set a cover-up range of 0.37 to 0.34 and then to 0.31 to cope with possible further pullbacks.
At the same time, investors should pay attention to the four key pressure levels of 0.6, 0.86, 1 and 1.3. These price levels may become important resistance points in the process of price rise.
Finally, the recommended profit-taking point is when the price exceeds 0.63. At this time, you can consider selling part or all of the price to lock in profits. Please remember that the above are only suggestions, and actual investment decisions should be based on a comprehensive consideration of personal risk tolerance and market conditions.
