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"keeps pulling people back in" that's just FOMO dressed up as loyalty man
Maybe, but I've been buying this one on a schedule since way before today and the schedule hasn't changed, so for me it's less FOMO and more just consistency doing its thing.
Consistency is solid until the schedule stops lining up with where the market actually is, that's where I've gotten burned before.
That upper wick is basically nonexistent, price just parked at the highs like it owns the place. Next real ceiling is a ways up from here.
parked at highs with no wick just means nobody was in a rush to dump, that ceiling you're pointing at is gonna get eaten faster than you think when the next wave of fomo hits this thing.
Daily just closed a clean breakout candle with barely any wick, that's buyers in control, not a fake.
Wallets that went quiet for weeks just woke up and started moving bags, that's the tell for me.
Moo Deng sounds like what my portfolio does every time I think I'm finally up 😅
Rough close on that call but the setup still feels intact to me. These meme coins can fake out short windows easy. Watching for the next leg.
Called the fade, bids dried up exactly where I said they would, easy read on the absorption failing at that level.
Still buying my weekly bag either way, but honestly this one feels like it has more room. Something about Moo Deng just keeps pulling people back in.