Today we enter FunFair on a pullback after super-bullish news.
Entry: 550 sat
Target 1: 750 sat
Target 2: 1200 sat
- 3/4 of all tokens = 11 billion are going to get burned, instead of being sold this month! Oh my... dear... wow... have spare pants? THIS IS WHAT I CALL A SUPPLY SHOCK.
- New Team!
- Sponsorship of Devcon3, the biggest crypto event hosted by Ethereum .
Happy trading! ;)
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Perhaps this is the bottom line regarding available volume - on seller's end it is easier to decrease supply (thus indirectly impact demand) than directly influence demand.