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Caution on Price Overextension: Prepare for Minor Correction
If 122 isn't broken, a minor correction is likely. Avoid interfering with the spot, but if you have a long position with leverage, definitely set a stop-loss or take profits. The price has become very inflated in recent days. Don't give back your gains.
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AI Analysis
Recent market activity indicates that the price has surged to levels that might be unsustainable, suggesting a possible minor correction if the critical support level at 122 is not broken. Traders hol...
AI Recommendation
Those with long positions using leverage should prioritize risk management by setting stop-loss orders or locking in profits to safeguard gains. It is advisable to avoid making new aggressive entries ...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.
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