Babylon’s listing on Gate.io presents scalping opportunities, especially with promotional incentives driving volatility. Here’s how to trade BABY’s short-term movements:
Technical Setup:
Support Levels: Watch for bounces near $0.03 (hypothetical), a key心理关口 for new listings.
Resistance Zones: Sell pressure may emerge near $0.05, where profit-taking is likely.
Volume Spikes: High volume on upward moves suggests institutional interest—consider long positions here.
Strategy: Use 15-minute charts to identify breakouts from consolidation zones. Pair with the airdrop to offset potential losses.
Technical Setup:
Support Levels: Watch for bounces near $0.03 (hypothetical), a key心理关口 for new listings.
Resistance Zones: Sell pressure may emerge near $0.05, where profit-taking is likely.
Volume Spikes: High volume on upward moves suggests institutional interest—consider long positions here.
Strategy: Use 15-minute charts to identify breakouts from consolidation zones. Pair with the airdrop to offset potential losses.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.