After a 75% drop, I've decided it's time to long this memecoin

#crypto #trader #memecoins #solana

Traders, I know, I know. Bitcoin is threatening to drop further and this will devastate altcoins. It seems silly to buy here when we could go much further down doesn’t it? But that’s why we have our stops set, right?

This coin has already lost 75% of its value from the top. Yeah, it could lose more but I am betting we are nearing a bottom. I’d rather enter these dips, keep my stops tight, and be in for the rebound that will almost certainly occur. When it does, I don’t want to be sitting on the sidelines! It will be insane!

You can see from our chart here that we are nearing serious support. My Flux Charts indicator shows us a large order block and that is directly above the VRVP point of control. I will admit that I am jumping the gun a bit here as I don’t yet have a signal from my proprietary indicator, but again, when we turn up, it will happen fast. This has always been my experience in bull markets like the one we are still in. And if we are not in the trade, we’ll be left on the sidelines with big old FOMO tears rolling down the cheeks.

The coin I have entered here is targeting our previous high which is an insane 300% away! Welcome to memecoin trading! Here’s your coin along with tracker link: