It's been stuck between $138-$152 for 3 months. Not going up, not going down. Just eating fees.
Many traders got liquidated in this range last month. Public exchange data confirms chop is expensive.
What's my position? I'm flat. In cash. Why?
1. No D1 close above $152 = Trend hasn't changed 2. No D1 close below $138 = No breakdown yet 3. Trading the middle = Low edge, high fees
If $152 breaks with a D1 close → I'll look for long setups If $138 breaks with a D1 close → I'll look for short setups Right now → I'm working, not forcing trades
People will say "this is boring" Boring keeps you solvent. Degen doesn't.
Avoid blind entries mid-range with unrealistic targets. Respect the market. The market will pay you.
Not saying it's the next one. Not saying it's not.
Just saying: $0.00432, ~$18M mcap, AI narrative.
If it moves, you'll see it here first. If it dies, you'll see me take the L.
That's the deal.
8:30 PM. Full chart drops. DYOR. --- Update Jun 20: $0.0030 level did not hold. Current $0.0012. Earlier analysis was incorrect. Stepping back to reassess. NFA. DYOR.
$0.046 current. Down 95% from top. 64,122 holders still holding bags.
But something changed this week: - MA(7) crossed MA(25) first time in 4 months - Volume +300% at $0.037 base - Chain liquidity holding $3.3M despite dump
My take: $1.3 is meme target. Real play is $0.058 breakout → $0.10
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