$SONIC newly launched tokens are like gambling, if they are not bullish, they must be bearish.
There are 3 scenarios
1. Bullish 1.5 price, then slammed
2. Bearish until it reaches the bottom and then goes up
3. If at the beginning of the launch it doesn't go up or down, it means the dealer is accumulating, only here we don't know whether he is accumulating buy or sell
The point is, newly released coins are gambling, don't go all in or you'll cry
$PNUT Remember this formula, a coin that has just been released on binance will definitely experience a bearish in the first month.
whatever coin it is. so if the first day it goes up high, it will definitely be very bearish one day
if someone says $PNUT will go to $3, he is just hoping by gambling. one day it might go to $3 but the first month since its release, the price will fall.
remember $LUNA when it was released the price was around $7, how much is it now?
$ENA For now ENA will experience a fairly deep correction due to the DOUBLE TOP, to protect profits and assets, I opened SHORT.
here is the benefit: if the price goes green, the short stoploss will be active and I will continue to make a profit,
if the price continues to be red, then I will get a profit from the short position too, I will TAKE PROFIT SHORT if there is an indication of BULLISH continuation