Caught a quick rally before the pullback kicks in. Taking a closer look at $ZORA's price action on the 4-hour timeframe right now. The recent run-up shows some textbook momentum patterns, but those signs of weakness are starting to appear. Sizing into positions based on what the chart's telling me—keeping a tight eye on support and resistance levels as the next move unfolds. Classic pump-and-dump dynamics playing out here, so risk management is key.
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ForkYouPayMe
· 12-15 16:10
Hmm... This move with ZORA still depends on whether the support can hold up.
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TradingNightmare
· 12-15 11:01
Describe the picture, it's the same old pump&dump pattern. Those who haven't escaped yet need to hurry.
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DegenRecoveryGroup
· 12-14 19:42
Yeah, this wave of ZORA is indeed quite aggressive. I'm now repeatedly analyzing the 4-hour K-line, and the more I look, the more uncertain it feels...
I've seen too many tricks of sudden surge and dump, the key is to survive and come out alive.
I've already reduced my position long ago. Friends who are holding tightly must be feeling pretty uncomfortable now.
Once the support is broken, there won't be any good expectations below.
So everyone, really don't go all-in on such things.
Be cautious with risk control, or it might be a long way to recover your investment.
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OnchainDetective
· 12-12 16:52
According to on-chain data tracking, the rebound pattern of ZORA is obvious—it's a typical wash trading method, and the fund connections have already been locked.
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ApeShotFirst
· 12-12 16:51
Haha, it's another pump and dump. I'm familiar with this routine; I couldn't hold back anymore.
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NewDAOdreamer
· 12-12 16:48
Look at this wave, ZORA is indeed risky. The pump and dump pattern is so familiar.
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Four-hour chart shows all signs of weakness. Should I sell now?
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If the support level isn't held, it's a signal. Don't say I didn't warn you then.
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Every time there's a pump and dump, someone always buys the dip. It's crazy.
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A rebound is a chance to escape. You need to understand this principle.
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Pay close attention to what? It's more reliable to just look at the stop-loss level.
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Feeling like I need to cut my losses again. This coin really makes me uneasy.
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If the resistance level can't be broken, just walk away. No need to overthink.
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Every time I talk about adjusting my position, I might as well cut it in half.
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Managing risk sounds easy to say, but when you're losing, you can't even think about it.
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Signs of weakness? Bro, this is a signal that they’re about to dump.
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airdrop_whisperer
· 12-12 16:43
Here comes another pump and dump show, the old routine... better reduce your position first.
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0xLuckbox
· 12-12 16:30
Oh no, here we go again, always talking about textbook momentum... and what’s the result?
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SchrodingerGas
· 12-12 16:29
A classic textbook P&D script, I've seen through it long ago. As long as the resistance level isn't broken, I will continue to wait and see. Gas fees aren't worth acting on this small market movement.
Caught a quick rally before the pullback kicks in. Taking a closer look at $ZORA's price action on the 4-hour timeframe right now. The recent run-up shows some textbook momentum patterns, but those signs of weakness are starting to appear. Sizing into positions based on what the chart's telling me—keeping a tight eye on support and resistance levels as the next move unfolds. Classic pump-and-dump dynamics playing out here, so risk management is key.