SKI Mask Dog Positive divergence growingThe positive divergence of SKI is growing on the lower time frames. A squeeze might be coming soon as the triangle tightens as well.
SKIWETH_0EA134.USD trade ideas
Long #SKI - Spot Entry no LeverageAlright so almost all alts have taken a nosedive since Fed made announcement.
Ski Mask Dog is one of the few that had a healthy retrace from going parabolic for weaks.
Retrace was due to people taking profits that gone in weeks/months ago
I bought on the last touch of the trendline for about a 0.16 average
Has major potential to break out of bull flag soon as sell pressure has gone down and and Ski is at a major discount.
Last few wicks reached deep to grab liquidity and we have had a strong bounce upwards after 3rd touch on bull flag
Also Ski was on New york Times billboard today. Remember when WIF was on the Vegas sphere and the run that followed? Sometimes a strong community and advertising the right places beats the TA or even tokens that have way better tech and ability.
Be careful as things are still uncertain and we could have another retrace but Ski is a still at the current price. DCA if you want but try not to wait for too much of a discount so you don't miss the move.
No take profit target as I'm holding until it hits $1.00 which I would bet on happening as a minimum.
*Look at the Market Cap of Ski compared to the other meme coins that have run into billion dollar market caps and you can see why SKI gives you a chance for multiples on you money instead of a 2-5x
SKi Mask Dog (SKi) : $0.351 | Coinbase Onboarding ProjectBonk took Solana to All Time Highs and bailed out most
VCs and friends making Crypto Great again
that BONK is the STEVE JOBS moment of Raj and Anatoly
that is why BONK will be the BENCH for other Chains to emulate to be relevant
this BULL RUN of the CENTURY
BRETT was cool an answer to PEPE and Friends series of muppets etc..
now SKi is designed and timed for 2025 as COINBASE big year with the founder Brian handpicked to be TRUMPS part of the Blockchain Advisory Group
BASE supercoins are gaining momentum FCAST CLANKER DYOR LUM PARADOX to name a few ..
notably when BTC hit 100k it sucked most SOLANAS super meme coins liquidity
whereas BASE projects remained chill and even went up
with SKi outperforming the space
the BTC Breakout was a great Distraction
while the few are aping in the next big WIFMOON for 2025
Strategy: FOMO before FWB:1BN
Ski Mask Dog (SKI): The Next Big Meme Coin on Base?In the rapidly evolving world of cryptocurrencies, a new contender is making waves on the Base network: Ski Mask Dog ( MUN:SKI ). This meme token not only embodies the playful spirit of many successful digital currencies but also carries with it a significant message about privacy, anonymity, and freedom of expression in the digital age.
Fundamentals
The Spirit of Ski Mask Dog
At its core, Ski Mask Dog represents more than just another meme coin. It stands for freedom of expression, especially in environments where anonymity is crucial. In an era where digital footprints are closely monitored, MUN:SKI advocates for the right to express oneself without fear of judgment or repercussions. This ethos could resonate well with a community that values privacy, making MUN:SKI not just a financial asset but a symbol of online freedom.
Token Utility and Accessibility
MUN:SKI tokens are actively traded on platforms like Aerodrome SlipStream, Uniswap V3 (Base), and BVOX, indicating a healthy liquidity environment. Despite not being listed on major exchanges like Binance or MEXC, the token's presence on decentralized exchanges underscores its community-driven nature, which is often a hallmark of meme coins with strong grassroots support.
Market Performance: With a market cap of $105,235,113 and a 24-hour trading volume of $3,911,570, Ski Mask Dog has shown robust growth, recently increasing by 185.40% over the past week. This performance outstrips both the broader crypto market and similar meme tokens, suggesting a growing investor interest.
Technical Analysis:
MUN:SKI has experienced a 14% drop in the last 24 hours, which might worry some investors. However, its current trading pattern suggests it's in a consolidation phase, which could precede a significant move. The Relative Strength Index (RSI) at 65 indicates that while the asset is approaching overbought territory, there's still room for potential upward movement before it becomes overstretched.
The Moving Average Convergence Divergence (MACD) is showing signs of strength, potentially signaling an upcoming trend reversal.
Market Sentiment and Future Prospects:
The daily price chart of MUN:SKI depicts a falling wedge, which is often considered a bullish reversal pattern. This could provide an entry point for buyers, especially around the 38.2% Fibonacci retracement level, where value investors might see an opportunity due to SKI's recent milestone of surpassing a $100 million market cap.
Risk Factors
The broader crypto market's health, influenced by external factors like macroeconomic policies or significant Bitcoin movements, could impact SKI. If Bitcoin undergoes extreme corrections, SKI might face further selling pressure, potentially retracing to lower Fibonacci levels or even testing its one-month low.
Potential Growth:
Despite these risks, the lack of mainstream recognition for Base network tokens, including MUN:SKI , suggests an untapped market. If Ski Mask Dog gains listings on major exchanges or if the Base network itself gains more traction, MUN:SKI could see a significant valuation increase.
Conclusion:
Ski Mask Dog (SKI) stands at a pivotal moment. Its fundamentals are tied to a transformative narrative of digital freedom, while technically, it shows signs of potential recovery and growth. For investors and traders looking for the next big thing in meme coins, SKI offers a unique blend of cultural significance and promising market dynamics. As with all high-volatility assets, due diligence, risk management, and an eye on broader market trends are essential.
However, for those willing to dive into the less charted territories of crypto, Ski Mask Dog might just be the gem they're looking to add to their portfolio. Remember, in the world of meme coins, it's often the community's belief and the coin's meme-ability that can drive value as much as any technical indicator.
