$horse token watchers might remember when the initial signal flashed back on November 24th - price was hovering around the 40k mark. What happened next? A brutal descent that saw it crash down to 18k.

That's more than a 50% haircut in a matter of weeks. For those tracking on-chain signals and chart patterns, this served as a textbook example of how quickly momentum can reverse in volatile altcoin plays. The November signal essentially marked a local top before the floor fell out.

Anyone who caught that early warning and repositioned accordingly dodged a nasty drawdown. Those who held through? Well, they learned an expensive lesson about respecting technical indicators when they show up.