Honestly, there’s not much to dissect here. The -0.28 resistance line lined up perfectly with the all-time low/opening price, and anyone familiar with range-spiking and fake-outs probably saw the potential for a strong bounce. But let’s call it what it was: a dud. That bounce couldn’t even muster a new micro higher high—a textbook weak move.
So, this new lower low? It’s no surprise to anyone paying attention. For me, buying above the $15.1 mark is completely off the table. In fact, I’m eyeing a quick short if Trumpcoin decides to fake out one last push to the upside before what’s clearly shaping up to be capitulation.
Remember: the market doesn’t reward hope—it rewards strategy. Watch, wait, win.