$NPC Behind this meme, I see a very active community and genuine interest that continues to remain constant over time. For this very reason, a possible accumulation phase at the lower end of the range would become extremely interesting. If the price manages to stabilise and build structure at those levels, we would have a configuration almost mirroring the top formed months ago: a symmetry that often precedes cleaner directional movements. In other words, I am not chasing the price. I prefer to see if the market accepts those low levels and builds a base — because that is where the risk is better defined and the R/R becomes really favourable. Let's see if the market will give us this opportunity. If it does not, I will wait for a bullish flip in the 0.01 area on the monthly chart.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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