Following Chico crypto's video on the Bao finance / sushi swap bullish integrations, this price action is picking up. We've seen this pattern multiple times before, ALGO comes to mind as one that followed this W shaped pattern. With the right side of the W as a higher high. Once we break above that .0022 level, I would expect the momentum to carry this to previous ATH's. If this happens in a quick enough time frame? There might be quite a bit of alt coin hype and we might see it break above the ATH -> retest -> and then rocket.
These small cap, #Defi projects are a gold rush right now, 9/10 are probably going to not amount to anything, but it's definitely fun to throw a few hundred dollars at something like this and hold 6 figures of a token. If you want to avoid risk like this? Buy BTC, ETH and LINK and forget about it.
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I'm out of this trade... didn't pan out like I'd hoped! Cut your losers. Let the winners run. I lost around 10% on this trade.
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