We may have an opportunity to add to our long position at 87 cents. The price will most likely drop
to $1.66 to retest support. I have a gut feeling that that support will break since the bounce was somewhat weak. The lowest possible price for this asset (thus far) is 63 cents. However, I am very content with stockpiling at 87 cents since that is close enough. No need to capture exact bottom. And, it isn't guaranteed that this asset will retrace 100%. In fact, it is actually very bullish
since the price already retraced 94.27% from all-time
high. Therefore, this token may decline over the short-term but it's a good long-term play. Obviously, this is my own opinion.