【$COMMON Signal】Empty Position + Liquidity Exhaustion After a Sharp Drop
$COMMON Just experienced a -37% waterfall decline in a single day, with price action showing unresisted selling.
🎯 Direction: Empty Position
Market Logic: A sharp decline accompanied by high trading volume is a typical chain reaction of long liquidation and forced selling. The current price has moved far away from any valid support structure, indicating a purely panic-driven sell-off phase. Market sentiment is extremely fragile, and any rebound may face dual pressure from stop-loss and short covering. Until clear bottom absorption structures and volume contraction signals appear, the risk of bottom fishing on the left side is very high. Trading principle: small losses, big gains. The current risk-reward ratio is unclear; it is advisable to wait for market sentiment to cool down and a new equilibrium range to form.
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【$COMMON Signal】Empty Position + Liquidity Exhaustion After a Sharp Drop
$COMMON Just experienced a -37% waterfall decline in a single day, with price action showing unresisted selling.
🎯 Direction: Empty Position
Market Logic: A sharp decline accompanied by high trading volume is a typical chain reaction of long liquidation and forced selling. The current price has moved far away from any valid support structure, indicating a purely panic-driven sell-off phase. Market sentiment is extremely fragile, and any rebound may face dual pressure from stop-loss and short covering. Until clear bottom absorption structures and volume contraction signals appear, the risk of bottom fishing on the left side is very high. Trading principle: small losses, big gains. The current risk-reward ratio is unclear; it is advisable to wait for market sentiment to cool down and a new equilibrium range to form.
Trade here 👇 $COMMON
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