Minority Mindset

The mini bull flag, after much dithering and faffing about, finally decided to show a bit of spine and broke out, what? Up to the $94,500 mark, no less, which, as it happens, is the pinnacle of an ascending triangle pattern (marked in green, for those keeping score at home). The measured move, you ask? A tidy $97,500. Not too shabby, eh? 🧐

Now, ol’ Kevin (Kev_Capital_TA, that is) lays it out plainer than a country road. “Dogecoin, like a hound dog chasin’ its tail, came back and tested them 4HR MA’s after breakin’ out like a convict. A retest followed by a new high would be sweeter than grandma’s apple pie, prove the corrective phase is deader than yesterday’s news. That high? Why, it’s sittin’ pretty at .157 cents.” 🥧

Our friend PEPE has been stuck in what looks like a very depressing downward channel-think emotional baggage meets technical charting. Recently, it nudged above the midline, like it’s trying to say, “Hey, I still matter!” but don’t celebrate yet, dear reader. Resistance is lurking around $0.00000779, hiding behind that ugly term “overhead supply zone,” which basically means the market’s like that annoying friend who claims they’re supportive but then throws shade at the first sign of trouble.

Key Observations, if you will:

Seems there was a bit of a donnybrook, a proper squabble, between the fellas runnin’ the DAO and those at Aave Labs. Spooked the market somethin’ fierce, it did. But land sakes, there’s often more to these kerfuffles than meets the eye, and it might just matter more than those newspaper fellas would have you believe.