$ As the largest MEME on the SOL chain, after the initial frenzy, it has been adjusted for more than a month, and the exchange of chips is relatively concentrated, which can be understood as a thorough wash. In the past two days, it has begun to exert its strength, and Dafu has rebounded and entered the list of gains. So can we follow it? Analyze from the perspective of K-line
The daily K-line shows a rising dragon, but the only drawback is that the trading volume is still on the low side. Although the trading volume seems to have increased significantly from the sub-level 4-hour K, it should be noted that the trading volume that starts the market often plays a crucial role in how far the market goes. Therefore, the current trading volume is not enough to support the rising market to go too far. We remain cautiously optimistic.
Currently, 0.00001072 has become a strong support platform. If it falls below this level, the situation will be bad.
Can I still chase the highs now? I think the risk is high, and those who haven’t bought in can try with a light position.
