Looking at the 5-minute chart of WAL/USDT, the current bullish pattern is still very clear. MA7, 20, 60, and 120 are all aligned upward in a line, but you can also feel that the move is a bit too fast, and the divergence rate is somewhat large.



The price just reached the 0.1487 level and then pulled back. It is now running along the MA7 (0.1466) line. This position is actually not suitable for chasing highs—many people have been trapped here before.

If you hold some chips, I suggest the following operation: keep 10-20% of your core position, and don't rush to add the rest for now. Once the price falls below MA20 at 0.1451, reduce your position immediately—don't hesitate.

If the price recovers and stabilizes around MA60 (0.1415), then consider a very light 5% long position. But the prerequisite is to set the stop-loss below MA120 at 0.1411—that's the bottom line. Risk control should always be the top priority, especially in this kind of rapid upward market.
WAL3.24%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
GasFeeVictimvip
· 9h ago
It's the same old trick again. When it rises high, they say the risk is great; when it falls, they say the opportunity has come. I think we should wait until it truly drops before talking.
View OriginalReply0
Ramen_Until_Richvip
· 9h ago
Moving so quickly is indeed a bit risky. With such a large MA divergence, a pullback is inevitable. If it breaks 0.1451, you need to cut. Chasing high at this level is just asking to be served.
View OriginalReply0
ReverseTradingGuruvip
· 9h ago
It's starting to rise again. If you chase the high this time, you'll get burned. --- MA lines are all lined up, but this divergence rate is really outrageous. It’s bound to pull back after such a rapid surge. --- Breaks below 0.1451, you better run. Don’t fight the market; preserving your capital is the key. --- Hold the core position, and reduce the rest first. Greed at this level won’t lead to good outcomes. --- I said 0.1415 needs to stabilize before considering anything else; otherwise, it’s all just tricks. --- Pushing to 0.1487 and then dropping again. See? Those who chased the high are probably feeling pretty uncomfortable now. --- The key is to set your stop-loss properly. Don’t wait until it drops below MA120 and then regret—by then, it’s too late. --- Honestly, the market is moving too fast. Being cautious is never wrong. Anyway, big money isn’t in a rush right now. --- Try a very light 0.5 position. To be safe, this is the way to go. Don’t take unnecessary risks. --- The current situation is definitely bullish, but we’re approaching a danger zone. Something doesn’t feel quite right.
View OriginalReply0
BackrowObservervip
· 9h ago
This move is indeed quite aggressive. Such a large divergence rate really requires caution. It's the same story of getting trapped at this level again. Someone never learns their lesson every time. Once 0.1451 breaks, you have to run. Don't think about a rebound. At times like this, you need to be decisive. I'll wait until it drops to 0.1415 before acting. Hold the core position steady for now.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)