An identical chart can be seen with many lagging altcoins: -97%, tanked right after listing in 2021. Currently ranked #552 on CoinMarketCap, if that means anything to you. Overall, this is a low-liquidity asset, but it will pump eventually; a complete collapse is unlikely.
Targets are marked on the chart. The potential is significant, but keep in mind that a pullback to $0.56 and $0.32 is possible. For an active phase, the asset needs to break out of the descending channel. You can set a trigger order to buy slightly higher or avoid overthinking and buy at market price, then accumulate more if it drops. Overall, it’s already a cheap asset.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.