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$PRL PRL This wave has caused many brothers chasing the high to get trapped again, right? Yesterday they were still shouting to push to 0.4, 0.5, and today it just dropped back to 0.298. Those chasing the high are now locked in at a loss of over ten percent.
Honestly, this kind of price rally is purely a manipulation game by the main players. The previous AI narratives and exchange listings were all just pie-in-the-sky promises for retail investors. The project's actual business has not been implemented at all, and you can't even see real products—it's just pure air coin play.
Don't be fooled by the current moving averages still being in a bullish arrangement, or the KDJ indicator showing overbought conditions, making it look like it will continue to rise. In reality, it's just a trap to lure more buyers. The main players could dump at any time, and when that happens, it might fall so hard that it can't even hold the 0.2 support level.
A word of advice: don't think about bottom-fishing. 0.29 is not the real bottom. If you really want to play, wait until it drops near 0.22 before considering. Otherwise, you're just giving the main players a chance to offload their holdings. When that happens, you'll have nowhere to cry. In meme coins, 90% of projects ultimately go to zero. $BTC $ETH #加密市场普遍上涨