It’s more worth getting involved when the news and the candlestick chart point in the same direction. When they diverge, be extra cautious.
Take this as an example: Rome announced the mechanism for its native token, ROME, with 50% of protocol revenue to be used for token reserves or buybacks.
Keep an eye on USDT inflows and outflows to see whether this news has prompted new funds to move.
$SOL is currently at 108.42, down 3.97% on the day.