The $AI chart must be painful for holders 😅
The most frustrating part is that, at first, it was really difficult to find a clear reason to sell just by looking at the price action.
After its parabolic move, the token had digested the rally fairly well. It then started forming a nice rounded structure before coming back to test new highs.
The problem is that those new highs were barely 10% higher… and since then, $AI has been slowly bleeding.
The kind of decline that makes you believe for weeks:
“It’s just a consolidation phase, it’ll bounce back.”
In the end, we’re looking at a drop of nearly 70% from the top.
Personally, if $AI offers us another significant discount, I might start seriously considering picking up a few.
#trading
The most frustrating part is that, at first, it was really difficult to find a clear reason to sell just by looking at the price action.
After its parabolic move, the token had digested the rally fairly well. It then started forming a nice rounded structure before coming back to test new highs.
The problem is that those new highs were barely 10% higher… and since then, $AI has been slowly bleeding.
The kind of decline that makes you believe for weeks:
“It’s just a consolidation phase, it’ll bounce back.”
In the end, we’re looking at a drop of nearly 70% from the top.
Personally, if $AI offers us another significant discount, I might start seriously considering picking up a few.
#trading
