$NEBL just got dumped 23% in four hours and everyone's acting surprised 💀
This thing's been sliding under both moving averages for weeks. RSI at 33? That's not oversold, that's capitulation in slow motion. Volume dried up to 10% of the monthly average , nobody's even watching this coin die.
Here's the spicy part: I think it deserves to bounce. Not because fundamentals changed. Because panic sellers just gave up their last bags at 76% off the recent high and low liquidity means a single whale could spike this 30% on a sneeze.
Not touching it yet though. Need to see actual volume come back first.
Who else thinks this is dead money or secretly accumulating? 👀
#NEBL #Trading #Crypto
This thing's been sliding under both moving averages for weeks. RSI at 33? That's not oversold, that's capitulation in slow motion. Volume dried up to 10% of the monthly average , nobody's even watching this coin die.
Here's the spicy part: I think it deserves to bounce. Not because fundamentals changed. Because panic sellers just gave up their last bags at 76% off the recent high and low liquidity means a single whale could spike this 30% on a sneeze.
Not touching it yet though. Need to see actual volume come back first.
Who else thinks this is dead money or secretly accumulating? 👀
#NEBL #Trading #Crypto