$DEGEN

$DEGEN update 
being rejected ... flipping top purple box from support into resistance.

bulls need to push back into the box soon, but with claiming date coming i would expect one last drop to find the bottom around lower purple box, which has been my main scenario since weeks. 

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i have no context on this one, but i would be attentive to candle closing ... this could be a good buying area with stop loss under support (if candle close below) next buy area lower line. 

again ... no idea on more context than the chart so nfa at all

too much going on in farcaster, crypto, and the world daily, and not enough time and energy to keep up ... so i basically just share what i see on the chart. 🎩 🐲

i think that one more drop down and degen find its bottom.

Is it possible that this month is a retracement of the market?. And possible will go up since jacek announce about the staking. What do you think for that?