ML Underperforming Amid Mixed Market — Avoid Chasing Now
I see mixed market action: there were moments when almost all coins pumped while ML was dumping.
More recently the market flipped and most coins are dumping — ML is also moving down with the broader sell-off.
Given ML's consistent underperformance, I'm cautious and not inclined to chase it until I see clear, volume-backed recovery.
Analysis
Recommendation
I would not buy ML right now. If you hold positions, consider risk management (trim positions or use stops) and wait for a clear trend reversal with higher volume before re-entering.
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.