Goldenbreakout

DREP: WHY THIS MARKET ORDER OF 40% in 1HOUR

Long
Goldenbreakout Updated   
BITGET:DREPUSDT   None
Depending on the last market show we see that just in 1H a high orders trend did start on this coin, but what is the reason that this coin could go in just 1 Hour 40%?

Directly orders can have different reasons as we never will know exactly why this market trade exactly is adding, is there a new trend coming on this coin, or a start of a whale trend? but same time it could be nothing and just a market movement.

SNM had before around the same trend when we did scan it at 20% increase in the same hour but was able to increase by 5000%, after that we have seen also the breakdown.
In other words, manage the risk well in any trade, and don't just go FOMO.

To confirm this increase we need to have some confirmations first.
At this moment there is still no confirmation of this increase can go further. Time will show us if this coin is able to make real gains, or if it's just a one-time volume trend.

if its able to increase, then is the next target 0,73 a very important target

But movements like this have most time a reason, and it's not for nothing made.

This update is just a view from our side, from the side of learning about the increase in views and the reasons behind it.
This update is not trading advice or suggestions for the choice of a side.

even if you have the confirmation to go in the trade as this, never do it with more than 10% of your investments and with the right risk management.
coins like this can have high rewards and same time high risk.
Comment:
There was before a pump from $0,05 to $4.81
Comment:
Drep holds still the price action with stable trend.
We will follow if this coin are able to increase to $0,50
Comment:
It's taking to long to show the next confirmation, as long it doesn't show confirmations it would be not interesting.
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