đ Is the Lobster Crawling Back Again?
This coin refuses to stay down.
Since the September peak: $0.313, then $0.026, then $0.082, then $0.036.
Now $0.054, up about 50% off this week's low. đ
For the record, last time we said bulls needed back above $0.072, then $0.088, to breathe again. It reclaimed $0.072 on October 7, stalled at $0.082 just short of $0.088, and got sold straight back down.
This bounce has one thing the last one didn't: a floor that held twice. The $0.036 to $0.041 zone caught two separate dips before buyers took over, and price just broke back above $0.0465, the level where the last bounce died.
The ceiling right overhead is the real test, though. $0.055 is the top of the old range, and above it sits the $0.068 to $0.078 supply zone, where the October 7 rally got dumped.
The levels.
Clear $0.055 and hold it, and the path toward $0.068 opens.
Get rejected, and $0.0465 is the first support, then the $0.036 floor.
Lose $0.036, and this bounce was just another lobster trap.
13x up, 90% down, and 50% swings every few days. Size for that, not for the hype.
Back out to sea, or into the trap again? đ„
Not financial advice. $éŸèŸ
$OGN
$RLC
This coin refuses to stay down.
Since the September peak: $0.313, then $0.026, then $0.082, then $0.036.
Now $0.054, up about 50% off this week's low. đ
For the record, last time we said bulls needed back above $0.072, then $0.088, to breathe again. It reclaimed $0.072 on October 7, stalled at $0.082 just short of $0.088, and got sold straight back down.
This bounce has one thing the last one didn't: a floor that held twice. The $0.036 to $0.041 zone caught two separate dips before buyers took over, and price just broke back above $0.0465, the level where the last bounce died.
The ceiling right overhead is the real test, though. $0.055 is the top of the old range, and above it sits the $0.068 to $0.078 supply zone, where the October 7 rally got dumped.
The levels.
Clear $0.055 and hold it, and the path toward $0.068 opens.
Get rejected, and $0.0465 is the first support, then the $0.036 floor.
Lose $0.036, and this bounce was just another lobster trap.
13x up, 90% down, and 50% swings every few days. Size for that, not for the hype.
Back out to sea, or into the trap again? đ„
Not financial advice. $éŸèŸ
$OGN
$RLC