$TEAFI got destroyed today. Down 43.92%, now sitting at $0.0006022.
That's brutal. But here's what I'm thinking: when a coin drops this hard, it often overshoots. Sellers panic, and the price goes lower than it should.
Now the question is – is this the capitulation we've been waiting for? The kind of drop that marks the bottom before a reversal?
My approach:
· Long: 0.000595 – 0.000605
· Stop: 0.000580
· Targets: 0.000620 → 0.000640 → 0.000660
If it breaks below $0.000580, I'd step aside. But I think there's a bounce coming.
Not financial advice – just my read on the chart.
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