2026-01-22 15:01:07

A certain cryptocurrency has been showing an interesting recent trend. It has been oscillating in a low range for a long time, appearing to follow a typical accumulation and shakeout pattern. There hasn't been much upward movement for a while. However, upon closer inspection of the chip distribution, the accumulation by the big players is nearly complete, and the conditions for a move are gradually maturing.

In the past 1-hour candlestick chart, the price has finally broken away from the previous churning accumulation zone and shows signs of an upward breakout. Once this move is confirmed, the main upward wave could be initiated.

From a trading perspective, the price of 0.0043 is an ideal entry point. The suggested stop-loss is set below 0.00398, providing protection even in extreme shakeout scenarios. As for take-profit targets, they can be executed in batches: the first target at 0.00439, the second at 0.00445, and the third at 0.00450. If the price can effectively break through the intermediate levels, you can hold on for further gains and aim for larger upward movements.

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.

16 Likes

Reward
16
6
Repost
Share

Comment

0/400

AirdropAnxiety

· 01-25 10:41

Is it the same old story again, accumulation and shakeout, main upward wave... how many times have I heard this?

View OriginalReply0

ShitcoinConnoisseur

· 01-24 19:20

It's the same old trick of the market maker shaking out the weak hands. Whether it can really rally this time remains to be seen.

View OriginalReply0

PumpAnalyst

· 01-22 15:31

It's the same old trick again—accumulating at low levels, breaking out to start momentum, taking profits in batches... Saying this every time, but what’s the result? Watching the chip distribution explained convincingly, but I just want to ask—this time, isn’t it just the market maker setting a trap for the retail investors again? Entering at 0.0043? I doubt it. Let’s wait and see for a week. Only dare to buy if it breaks 0.00450; before that, I was just playing along with the market maker. These low-priced coins are most likely to explode unexpectedly, everyone, don’t go all in. The question is, does this coin have real application? Or is it just a pure trap to harvest retail investors? The technical analysis looks good, but I trust more in the concentration of chips—are the market makers truly accumulating or just offloading? Set stop-loss at 0.00398... sounds safe, but in reality, a shakeout could break through the bottom in one move—I’ve seen it too many times.

View OriginalReply0

FlatTax

· 01-22 15:24

It's the same old story again: low-range oscillation, accumulation, main upward wave... how many times have I heard this?

View OriginalReply0

AirdropChaser