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This morning's market action was quite intense. BROCCOLI714 / USDT experienced an extreme surge on the 1-hour chart—price rapidly shot up to a high of 0.16 USDT, then quickly reversed. This V-shaped reversal is not friendly to traders.
Currently, the coin is trading at 0.01752 USDT. Over the past 24 hours, the price has retraced quite a bit from its peak. Such sudden surges are often accompanied by high risk, and seasoned traders in the crypto space are no strangers to this lightning-fast market behavior. BROCCOLI714's move was a typical rapid rise followed by a quick fall, and latecomers should be cautious of the risk involved.