Previous meme version: $W 7 bounced back after hitting a new daily low. The current price is 0.01413, now above the previous low of 0.01413.
Every time a new low is hit, someone in the comments says, “This is the bottom,” and then the market politely digs another level lower. This time, at least, it’s bounced back. Whether it can hold is another matter.
After panic selling subsides, prices often need time to digest the move.

#W

Stay rational, and don’t get carried away.