sold my $RE today. At a loss.⬇️⬇️ 😮💨
Not gonna lie, it hurts a little. But let me tell you why I don't regret it.
Look at this 1D chart. RE launched at $0.05, shot to $1.09 in literally ONE day. Everyone went crazy. I got excited too. That was the trap.
Because now? $0.5710. Down almost 15% TODAY. And look at the 4H chart — it's not bouncing. Every little green candle gets sold immediately. The MA(5) just crossed below MA(10) at 4.84M vs 5.41M. Volume today? 804K on the 4H. That's basically nobody buying.
The daily volume went from 81M on launch day to 17.77M now. The exit liquidity has been drying up every single day.
I told myself I'd be disciplined. So I took the L and left.
Here's the cold truth about new Seed tokens — most people who didn't sell at $1.09 are now bagholding and hoping. I've seen this movie before with other launches. The ones that recover? They go quiet for weeks first.
Maybe $RE recovers. The actual protocol is legit — real insurance business, $500M+ premiums. But right now the chart is not my friend.
Cut losses or hold the bag. I chose to cut. What are you doing? 👇
$RE #RE #creatorpad
Not gonna lie, it hurts a little. But let me tell you why I don't regret it.
Look at this 1D chart. RE launched at $0.05, shot to $1.09 in literally ONE day. Everyone went crazy. I got excited too. That was the trap.
Because now? $0.5710. Down almost 15% TODAY. And look at the 4H chart — it's not bouncing. Every little green candle gets sold immediately. The MA(5) just crossed below MA(10) at 4.84M vs 5.41M. Volume today? 804K on the 4H. That's basically nobody buying.
The daily volume went from 81M on launch day to 17.77M now. The exit liquidity has been drying up every single day.
I told myself I'd be disciplined. So I took the L and left.
Here's the cold truth about new Seed tokens — most people who didn't sell at $1.09 are now bagholding and hoping. I've seen this movie before with other launches. The ones that recover? They go quiet for weeks first.
Maybe $RE recovers. The actual protocol is legit — real insurance business, $500M+ premiums. But right now the chart is not my friend.
Cut losses or hold the bag. I chose to cut. What are you doing? 👇
$RE #RE #creatorpad