Buy The Dip Strategy -
Traders wait for a price drop (often 5%–10% or more) and enter a "long" position, aiming to profit when the price rebounds.
When the price hits or drops below the lower band , it often signals an extreme deviation that may revert to the mean. buy the dip strategy
Traders often buy when the price touches a major support line, such as the 50-day or 200-day SMA . Traders wait for a price drop (often 5%–10%