Full round trip on $INIT . Took three days.
0.12 on Nov 9, tagged 0.395 yesterday, and now it's sitting at 0.131 again like the whole thing never happened. The halt news killed the bid and every 4h candle since has been lower.
Overnight it wicked to 0.11 and got bought hard back up to 0.148, so somebody is defending the old base. That base is where it chopped all of last week, 0.12 to 0.14.
For me 0.12 is the line. Hold it and this just turns back into the boring range it came from, with 0.148 and 0.153 as the first places it has to get through.
Lose 0.12 on a 4h close and that wick to 0.11 probably gets taken out.
0.12 on Nov 9, tagged 0.395 yesterday, and now it's sitting at 0.131 again like the whole thing never happened. The halt news killed the bid and every 4h candle since has been lower.
Overnight it wicked to 0.11 and got bought hard back up to 0.148, so somebody is defending the old base. That base is where it chopped all of last week, 0.12 to 0.14.
For me 0.12 is the line. Hold it and this just turns back into the boring range it came from, with 0.148 and 0.153 as the first places it has to get through.
Lose 0.12 on a 4h close and that wick to 0.11 probably gets taken out.
