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You really think that massive wick on $APE was just a one time thing?
Look at how we are holding the $0.15 level. After that insane move to $0.27 it would have been easy for this to just bleed back to zero but the buyers are actually stepping in. We are forming a nice little base here around $0.17 which usually leads to another leg up if the volume stays consistent.
The next big hurdle is $0.20. If we can get a daily close above that then things might get fast again. I’m keeping a close eye on $0.14 as my invalidation because if we lose that then the party is officially over.
The volume is lower today but the price is steady. That tells me the sellers are exhausted and just waiting for the next catalyst.
Keep your eyes peeled on this one. It’s definitely not dead yet.
#DailyPolymarketHotspot