$SERAPH We analyze SERAPH, which is quoted at $0.012. At first glance, the daily chart is scary, but if we look at the on-chain data, we find surprises that could indicate an accumulation opportunity. 👇
📊 Technical Reading:
The Crash and the Floor (1D): The daily chart shows a painful drop from $0.038 to the current zone of $0.012. However, the good news is that the drop has been halted. The price is lateralizing (moving sideways) in what appears to be a long accumulation phase.
Signs of Life (15m): In the very short term, we see a recovery structure. The price is starting to print strong green candles, trying to break out of the range of $0.0119.
Medium Trend (4H): It is still under bearish pressure, but the moving averages are flattening. If it manages to exceed $0.0125, it could confirm a trend change.
✅ PROS (The Hidden Bull):
Massive Community (132k Holders): Attention to this! It has 132,350 holders. This is huge for a Market Cap of only $3.7M. It indicates that there is a real game or project behind it with many users, not just speculators.
Bounce Potential: Being at historical lows or near them, the risk of a fall is limited compared to the potential for an increase (favorable Risk/Reward).
Acceptable Liquidity ($310k): It is not huge, but it allows for normal amounts to be traded without issues.
❌ CONS (The Bear):
Negative Trend: The momentum remains bearish. Until it breaks the daily structure, any rise can be sold by people who want to exit.
Resistance at $0.014: There is a probable sell wall in the zone of $0.014 - $0.015 (the purple moving average on the daily).
🎯 STRATEGY:
It is a "Value Investment / Swing" trade.
🛡️ Buy Zone: The current zone $0.0118 - $0.0121 is ideal for accumulating little by little.
🚀 Target: Sell at the resistance of $0.0145 (+20%) or hold looking for $0.020.
🛑 Stop Loss: If it loses the support of $0.0113, the accumulation thesis fails.
🔥 With so many users, is it just a matter of time before SERAPH awakens?
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