So here’s the deal. I can get into the technical analysis but honestly the market cap is SO LOW that things can change very rapidly.
If you lose 6.50 and make an hourly candle below it I see no reason this can’t return to 5-6 range. Hard to say, I’d assume it’s in an uptrend but time will tell.
Now here are the more fun aspects of this project…
People LOVE PETS, especially the crypto community. I’ve heard people from Shiba and Doge say they’re getting into this. That’s a BIG potential community. Also, the actual use is quite novel, very nice fundamentals, nothing quite like this on the market. A 17 million dollar market cap is nothing.
I’d wait to see if it holds 6.50. It held it today and it may be backtesting it again soon. Potential descending triangle .. but the price target is 4 cents which I think is highly unlikely.
Personally I bought quite a bit at 6.9.