SOCIAL is likely Rally! 190% ExpectedSOCIAL has been in a downtrend since the day it was listed. However, we can see some decent momentum in the price, showing potential for a reversal.
There’s resistance at $0.003921; if the price breaks above this level, a bullish rally can be expected. The support for SOCIAL is at $0.002404, which is its all-time low.
Trade Setup:
- Entry: CMP.
- Accumulation: $0.002404-$0.002690.
- Leverage: 3x-5x.
- Targets: $0.003837, $0.004404, $0.005317, $0.006328, $0.007004, $0.008009.
Note: Accumulate on dips and keep leverage low. Always do your own research and analysis before investing.
Trade safely!
SOCIALUSDT.P trade ideas
4HR SOCIAL USDT - VERY BULLISHI came across this token as i was scanning the market. I see a nice increase of money flow, with an increase of momentum, vwap is up and rsi+stochastic rsi is on the rise. I see a nice bullish move to the upside here on this token. I am looking for a move up to fill the golden pocket. Lets watch this play out!
Social coin targets and SocialFi sector problemsLet's be honest guys! BYBIT:SOCIALUSDT
Possible Targets and explanation idea
➡️12H order flow can deliver much much lower this coin cuz there is just open space under listing price! nobody know where price will stop
➡️Market Mood still euphoria even on 12h. Cuz people distribute their Season1 free tokens from multi accounts
➡️Money Power without any money inflow in coin. Whales not accumulate it to buy back yet
➡️New ath and sweep high will be like a magnet for the future altseason
Nobody cares about the projects, about what the team is trying to build or pretending to create! All social, all airdrop campaigns end the same way for all projects that distribute tokens! Social token chart after few days airdrop and listing! You remember same things happened with BBL, Dmail and almost 99% airdrop projects.
There is imitation of traffic and real users is created who are active and spam laudatory posts about this social network exactly until they receive an airdrop and sell their tokens! Then the crowd moves to a new testnet, to new web3 activities where, with the help of account farms, they create activity for the project and coverage, which the project team in turn provides to funds and investors, convincing that we haven’t even launched our product yet, but look how many active users we have! Funds invest money, receive their allocations and also after the airdrop they dump their tokens on the market! And this applies not only to the socialfi sector! The same fate applies to bridges, L1 and L2! All this is just a cheap imitation of some solutions that none of us will ever use in real life! Maybe the airdrop system is not bringing anything good to the crypto industry? It's worth thinking about do we really need web3 socialfi?
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✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
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