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Everyone believes that $DRIFT will only continue to bleed.
If you look closely near 0.025 below, we actually formed a good base.
I tried to push the candle higher today, but it stopped at the resistance level of 0.046.
It's kind of a rejection, but the fact that we are testing these levels after that long downtrend is interesting.
We now need to hold 0.038 as support.
If we lose that, we are likely to retest the lows.
But if we can hold here and build some volume, a push toward 0.050 is definitely on the table.
The order book looks a bit weak on the larger side, so I haven't entered a full position yet.
Just watching how it reacts to this current level.
Don't fall into the trap of chasing green candles if the support isn't strong.