NUB: Silly cat making silly moves
已更新
Had to zoom out to the daily chart to try and make sense of things.....
Overall bullish but cautious.... (it has huge potential, maybe one of the best cat related meme coins out there (maybe).
The potential: it's due that a cat meme coin to take over a higher ranking in market cap. Nub could be one of them, but there are also other promising ones.
Why I'm cautious?
if you zoom in to the hourly, you'll see a massive dump that took place just yesterday extending down to the POC value area (some of the exchanges are not showing that candle but it's visible on dexscreener). Maybe to allow entry for market movers, maybe to support large other holders entry, no one will ever know.... possible dump to get big buys done before possible big listing announcement? Maybe to get ppl in and dump back to point of control??
I'm overall positive about nubcat, but setting myself as neutral until the price actions starts to show better moves. Good zone to consider DCA, but again, not financial advice.
Stay blessed!
Sawabona!
Overall bullish but cautious.... (it has huge potential, maybe one of the best cat related meme coins out there (maybe).
The potential: it's due that a cat meme coin to take over a higher ranking in market cap. Nub could be one of them, but there are also other promising ones.
Why I'm cautious?
if you zoom in to the hourly, you'll see a massive dump that took place just yesterday extending down to the POC value area (some of the exchanges are not showing that candle but it's visible on dexscreener). Maybe to allow entry for market movers, maybe to support large other holders entry, no one will ever know.... possible dump to get big buys done before possible big listing announcement? Maybe to get ppl in and dump back to point of control??
I'm overall positive about nubcat, but setting myself as neutral until the price actions starts to show better moves. Good zone to consider DCA, but again, not financial advice.
Stay blessed!
Sawabona!
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bullish
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