Going long on PINK with ATH breakout
PINK recently broke out and hit an all-time high market cap of 693k, #154 coinmarketcap.com. (Sorry for all the color on this chart) my target price range is 196-220 sats before it will find the next level of resistance and retrace to find new support. The highlighted area in blue under the target price was the previous breakout range where there was a double top formation that could potentially form support on the next down turn. Nevermind the timeline, this will most likely happen over a short period of time.
Overall, I'm bullish on PINK for the low market cap (allowing easy upside) and the potential for growth within the charity donation space.
Overall, I'm bullish on PINK for the low market cap (allowing easy upside) and the potential for growth within the charity donation space.
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