Right now, the market seems decent for future trades but mostly in consolidation. And I decided to put my support and resistance strategy to work, well I got a project in mind Arena-Z A2Z
I’ve been watching the A2Z token on the 1-hour time frame today. Liquidity looks good, and I noticed a market structure shift (MSS) to the upside, so I took a position.
With shit tokens like A2Z, what do you expect from it in short term and long term. With trading, especially with futures trading, you focus on short term but liquidity, trading volume of those shit tokens can change very quickly. High trading volume this week but can be very low next weeks together with price plummet or crash.
Don't trade with futures and more reasons to avoid futures trading with shit coins as your position will be liquidated and you will lose lose most of your trading capital.