Comparison and analysis of the trends between FOLKS and JellyJelly: FOLKS may have reached a temporary bottom area, but this is not absolute. There is a high probability of entering a consolidation phase—expected to last from several days to several months with range-bound oscillation. This process is similar to JellyJelly's previous performance. However, caution is advised, as the risk of a double bottom still exists, and the price may dip again before initiating a new upward trend. Currently, it is suitable to observe cautiously, waiting for clear breakout signals in trading volume and technical indicators.
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AirdropChaser
· 12-20 02:40
It's another sideways consolidation, which sounds like it could easily get trapped...
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GasGoblin
· 12-17 21:57
No way to consolidate; I already expected it to be such a mess.
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BugBountyHunter
· 12-17 21:57
There's no such thing as sideways trading, we've already tested the bottom twice.
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RuntimeError
· 12-17 21:55
Sideways accumulation? Sounds nice, but to me it looks like a death spiral haha
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RugPullAlertBot
· 12-17 21:47
Be cautious about a double bottom; sideways trading can build momentum but can also be a long wait.
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GateUser-6bc33122
· 12-17 21:47
I've heard the phrase "consolidation and accumulation" many times, but I'm just worried about a second bottom. We need to be cautious with this move.
Comparison and analysis of the trends between FOLKS and JellyJelly: FOLKS may have reached a temporary bottom area, but this is not absolute. There is a high probability of entering a consolidation phase—expected to last from several days to several months with range-bound oscillation. This process is similar to JellyJelly's previous performance. However, caution is advised, as the risk of a double bottom still exists, and the price may dip again before initiating a new upward trend. Currently, it is suitable to observe cautiously, waiting for clear breakout signals in trading volume and technical indicators.