I don't know what's happening with the token supply / VC ...🚨
Selling pressure remains very strong and market sentiment remains bearish as well... BUT WE ARE ALMOST AT THE LONG TERM BOTTOM!
➡️In my opinion it will test the 5.00$ magnet support zone before attracting whales and buyers again! 📉
➡️I also noticed a bullish divergence RSI daily📈
This is a solid project, It should explode again soon or later, but at the moment the price looks pretty bearish and remain stuck below the 6.00$ - 6.350$ key resistance and the major uptrend🚨
A probable scenario could be a bullish falling wedge (2nd chart). (Waiting for a 3rd trend test).
Tip:
-As long as there is no strong bullish reaction, you should avoid -buying it yet (leverage). A breakout above 6.50$ is required!
Accumulating in SPOT around $5-6 seems like a good idea (to avoid short-term volatility)📈
- Set alert for buy orders around the 5.00$ key support!
