☕ Morning Market Outlook
Today on my radar: $DRIFT
At first glance, the picture looks pretty rough: the coin has lost over 20% in a day and continues to set new local lows.
But these are exactly the situations I love to watch the most.
When most people are already scared to enter, the first signs of a bounce often start to appear. So far, I don't see confirmation of a reversal, so no hasty moves yet.
Right now, I'm just observing whether DRIFT can form a strong reaction from the current levels.
What do you think, is this already an accumulation zone or is the decline not over yet? 👇
#DRIFT $DRIFT