So as meme coin after meme coin emerge each tends to do the same thing. Hype the price to the moon only to have a long drawn out bleed back to the bottom.
Grok has been no different and the bottom is the only real time this style of HIGH RISK HIGH VOLITILITY token has any real appeal. At the bottom is the only point risk is at it's lowest and risk is still high as these no value of any kind.
With that said they are still tradeable and like most things tend to do a least a retrace when the sell off has finished. Looking a the divergence in the money flow and rounded curvature of the price action as it reaches a its likely bottom presents an opportunity for a nice retracement.
The blue boxes are 50-61.8% golden pocket retracements to each unbroken high in the massive down trend to the left. Personally will be targeting the 2nd golden pocket aligning with the value area high in the 0.0130 area.
Being this is extremely volatile DCA entry is like likely the best option with little to know leverage.
Trade Well.....
Grok has been no different and the bottom is the only real time this style of HIGH RISK HIGH VOLITILITY token has any real appeal. At the bottom is the only point risk is at it's lowest and risk is still high as these no value of any kind.
With that said they are still tradeable and like most things tend to do a least a retrace when the sell off has finished. Looking a the divergence in the money flow and rounded curvature of the price action as it reaches a its likely bottom presents an opportunity for a nice retracement.
The blue boxes are 50-61.8% golden pocket retracements to each unbroken high in the massive down trend to the left. Personally will be targeting the 2nd golden pocket aligning with the value area high in the 0.0130 area.
Being this is extremely volatile DCA entry is like likely the best option with little to know leverage.
Trade Well.....