Triangle breakout forming: A bullish triangle pattern has developed, historically seen as a setup that could trigger a ~40% upside — potentially targeting $24 if it breaks above $16.40
Weak volume = opportunity: Even with low liquidity recently, some analysts say this could be a launchpad for a sharp move if a big buyer enters
Mixed technicals: Indicators like Stochastic RSI and Bollinger Bands show both bearish and bullish signals—key support lies at ~$9.30–10, resistance between $12–16
Extreme volatility: This is a meme-token with ~86% drawdown from peak—traders should expect large swings .
Liquidity issues: Drop in trading volume could hinder significant upside or quick exits .
Regulatory scrutiny & ethics concerns: Ongoing ethics debates and potential conflict-of-interest issues may trigger volatility .
