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Recently, the $RVV trend has taught many latecomers a lesson. The core issue with this market movement is quite straightforward—buying at the wrong entry points.
To put it simply, this project’s buying support was already weak, and the bullish momentum couldn’t last long. Once market sentiment cooled, the price naturally declined. I noticed the shift around 0.009 and promptly set up short positions. The market then retreated as expected, and I was able to close my positions smoothly.
The key logic here is: follow the trend and avoid fighting against markets with low liquidity.
If you’re still in a loss and want to turn things around, don’t rush to buy the dip. Spend more time observing order book depth and trading volume patterns, and only step in once the signals are clear. This approach is always safer than blindly catching the bottom.
When the market is hard to judge, staying calm and observing is always the best choice.