Gari Network 9x Rally — Watch for Retracement Risk
When ETH rallied to about $4,700 over the last three days many projects recovered, but VR did not pump or recover. Meanwhile Gari Network surged from 0.00200 to 0.018 in the same period — almost a 9–10x move from the bottom.
I see this as a sharp, short-term speculative rally rather than a steady fundamental breakout. Rapid multi-bag moves like this often attract profit-taking and big volatility.
I’m watching Gari closely rather than buying aggressively now; if I held I’d consider locking in some gains and using tight risk management before contemplating new entries.
Analysis
Recommendation
Watch Gari rather than chase now: consider taking profits if you hold, set strict stops, and only re-enter with a clearly defined risk plan or after a healthy consolidation.
Disclaimer
The 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.