$GENIUS GENIUS After the Sell-Off: Recovery. Value Trap?
I've been keeping an eye on GENIUS since the sell-off. To be honest I'm not sure what to make of it.
On one hand it looks like many weak investors and traders with borrowed money have already sold their shares. This is shown by the drop in Open Interest. On the hand GENIUS price is still having trouble gaining strong momentum.
What makes this situation interesting is that people are still buying GENIUS even though its price has dropped. Sometimes the best opportunities come when people're least enthusiastic, about a project.
Here's my question:
If you were looking at GENIUS today do you think its quietly getting ready to recover or does it need time before making its next move?
I want to hear from traders. How do you see GENIUSs situation?
#genius #CryptoAnalysis #BİNANCESQUARE #altcoins #trading
