PEOPLE shows a clear double bottom pattern around the $0.0092 support level. From the candlestick chart, recent trading volume has hit a new high, which usually indicates that the main funds are quietly accumulating. Double bottom breakouts are often accompanied by a strong upward trend, and the current volume performance is indeed worth paying attention to.
From a technical perspective, if this support level can hold, the subsequent rebound space might be larger than you expect. The abnormal increase in volume indicates that market participation is heating up, and this is not accidental. Many people are still on the sidelines, but such patterns often provide insightful traders with a good opportunity.
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PebbleHander
· 01-09 08:37
Double bottom... I've heard this kind of statement too many times. And yet? Isn't it just being manipulated by the main players?
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APY_Chaser
· 01-09 06:43
Whether the double bottom breaks or not is the key; failing to hold 0.0092 is just a joke.
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GweiWatcher
· 01-09 01:48
Double bottom? Buddy, I've heard this trick several times before. Every time they say it's going to take off, but then they get slapped in the face.
The increase in volume is indeed interesting, but don't be fooled.
It looks to me like just a repeated test of the bottom. Let's see if it truly breaks through before making any conclusions.
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FlashLoanLarry
· 01-09 01:30
ngl the volume spike here is doing some heavy lifting... but double bottoms without sustainable liquidity depth? watched this movie before tbh. 0.0092 holding is cute n all but opportunity cost of sitting through the noise hits different. mev dynamics probably extracting more value than retail traders ever see coming lol
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Fren_Not_Food
· 01-09 01:26
The double bottom is back. Last time I heard this saying, I lost a lot, but the volume does have some substance.
PEOPLE shows a clear double bottom pattern around the $0.0092 support level. From the candlestick chart, recent trading volume has hit a new high, which usually indicates that the main funds are quietly accumulating. Double bottom breakouts are often accompanied by a strong upward trend, and the current volume performance is indeed worth paying attention to.
From a technical perspective, if this support level can hold, the subsequent rebound space might be larger than you expect. The abnormal increase in volume indicates that market participation is heating up, and this is not accidental. Many people are still on the sidelines, but such patterns often provide insightful traders with a good opportunity.