wait
Bearish Bias with Eyes on Phase 2-3 Recovery
I’m reviewing the chart with the minting announcement in mind, and I’ve noticed a persistent downtrend since then. It’s clear to me what’s driving the price action, and while I’m hoping for a turnaround, the trend hasn’t reversed yet. I still expect some improvement as we move through phases 2 and 3, but for now the momentum remains bearish.
Source available for registered users Sign Up Free
Analysis
The analysis centers on a renewed downtrend following the token minting announcement, suggesting a sell-side pressure or narrative risk that hasn’t yet been countered by positive catalysts. Phase 2-3 ...
Recommendation
Recommendation: maintain a cautious stance while monitoring phase 2-3 milestones. If Phase 2-3 progress is substantiated with tangible metrics (on-chain activity, user adoption, or partnerships), cons...
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.