This is not a correction. This is a straight up rug pull. Look at any pump dump chart graph and tell me it looks any different than this. The technique is same, coin is pumped straight up 2x, 4x to sell FOMO narrative and "get rich quick" which is deep subliminal desire. Whenever this happens, the price returns to the actual/real value zone pre pump area and...
BTC is consolidation phase for next 2 candles i.e. 6 days, Strong EMA 200 support offset shown converging with primary demand level of 32k Interestingly this is the same point it will enter the 3D oversold position giving a perfect boost to bounce back to 40k. Not a financial advise. Any feedback would be appreciated.