That 24% move on a $391K burn is just algos chasing a headline, not wallets that planned anything, look at the daily wick, this thing had zero accumulation structure before the pop.
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Wallets were stacking this since Friday, burn just gave it the excuse to pop
That 24% move on a $391K burn is just algos chasing a headline, not wallets that planned anything, look at the daily wick, this thing had zero accumulation structure before the pop.