CORE Target Position Analysis
I have roughly understood the situation of $CORE. There’s not much to say about the project itself, as it has neither new technology nor new narrative. Although it is a new coin of 2023, the project introduction is quite clichéd, resembling projects from 2017.
However, the project team seems to be quite energetic; although it hasn’t listed on Binance, it has been listed on OKX and Bybit. Moreover, the rally of Wave A was quite strong. The trend since November has also been pretty good.
Optimistically, Wave C might see a rally similar to Wave A, and the endpoint should reach the upper channel, with the target position between 7-8.
But whether there will be another rally like Wave A afterwards is a bit uncertain.