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Currently around 9.440 USDT. Do you think we should keep pushing higher, or is it about time to pull back a bit?
If I had to give a conclusion, I would lean more towards: after a rally, do a quick shakeout first.
Here's my main perspective:
First, the continuation after a rally is usually weak, and chasing long positions often leads to awkward entry points.
Second, this wave of upward movement seems more like an emotional surge, and the follow-through hasn't caught up yet.
To add one more point: only add to winning positions, not to losing ones; test positions at 20%, main positions at 50%, and accelerated positions at 30%.
My target entry point to watch: 9.505 USDT
Estimated target price: 8.940 USDT
The point where it should turn if wrong: 9.732 USDT
But the biggest risk at this level is that the bears might not have fully gained momentum before being squeezed out.