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Mean reversion assumes there was a fair value to revert to, but meme tokens like this don't have one, the real risk is a second leg up that squeezes anyone who leaned short here.
Second leg up is real but historically these meme runs stall hard at round number resistances, so I'd want to see how it acts around those before getting excited about continuation.
Zero yield, pure speculation, pass from me.
Noted, stacking sats either way
Great until that last candle.
ser that candle ate
ate what tho, bag of exit liquidity? ponke has ghost town devs and i'm not trusting a 46% wick with no community noise behind it.
What just happened
Wick slapped me clean off the trade, candles lied straight to my face and I still love them.
Mean reversion incoming imo