A TOKEN THAT HAS ONE OF THE HIGHEST TENDENCY FOR BOUNCING?
If you're looking for tokens that may pump massively, then, you're in the right place.
Here's why.
The previous yearly lows such as the 2023, 2022, 2021 and so on. Are the lows where almost every experienced traders consider HODLing more of their bags. The reason for this is the fact that these lows can create major supports on top of the previous broken major resistances. Since bases will possibly be established from those levels. Those are called opportunity zones or demand zones with extreme number of buy orders.
Let's take AMP as an example.
AMP is currently moving on this year's low and it has already touched the 2022 low. If you examine AMP's market structure, it is currently going through a market decline. However, if you take a look at the sentiments beyond what you can see on the chart. You will be able to gain more insights on what the buyers are thinking on these key levels. 0.002207, 0.002350, 0.002744 and so on, you will see long orders stationed there. Although, before these will be met, AMP will most likely retrace on its higher key levels. Until the time for its decline phase will be over and another accumulation to happen.
Stay wise, trade cautiously.
