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COMP/USDT short-term trading strategy
COMP is currently still under the pressure of a weekly bearish framework, with the price far below the weekly downtrend line. The previous rebound from $30 to $33 was merely a technical correction, and the selling pressure remains strong — the bears are still in control.
Trading Plan
• Direction: Short
• Leverage: 40x
• Average price: ( core position waiting to enter )
Key observation: As long as it cannot effectively stand above the weekly trend line, this rebound lacks sustainability and continues to be an opportunity to short.
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If the weekly trend line isn't broken, go short? I like this logic, but I feel like I'll get trapped again next time.
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COMP is really weak this wave, with such heavy selling pressure, no wonder the rebound was gone in a flash.
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Wait, the core position hasn't even been decided yet, this plan seems a bit虚虚的.
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As long as we can't break above the trend line, keep smashing down? It hurts to watch... but it does seem like a valid approach.
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Using 40x leverage on COMP? Bro, are you trying to go bankrupt quickly or get rich fast? Haha.
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The rebound is just a bait, I get it. The bears still have some strength.
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Heavy selling pressure sounds good, but who knows if a reverse breakout might suddenly happen?