$TROLL Set to Breakout Amidst Symmetrical Triangle Pattern$TROLL, a memecoin built on the Solana Ecosystem through Pump.fun passed bonding curve and got listed on Raydium and CEX like MEXC, Lbank, and Meteora is set for a breakout amidst a symmetrical triangle pattern.
The memecoin is showing signs of a bullish rally and also a bearish rally. The symmetrical triangle has been carved out already, the only confirmation needed is a breakout above the ceiling of the symmetrical triangle- that will be the only catalyst $TROLL needs for a breakout coupled with the RSI at 47, $TROLL is poised to capitalize on this metrics to deliver a stunning bullish campaign.
However, on a bearish tone, failure to break above the symmetrical triangle will be difficult for $TROLL to hold the bears in that region, hence, it will resort to a correction to the $0.008 support point.
About TROLL (SOL)
The TROLL token on the Solana network is a meme coin inspired by internet trolling culture, designed for entertainment and community engagement with no intrinsic value. Built on Solana’s blockchain, it leverages the network’s fast transactions and low fees to appeal to meme enthusiasts.
TROLL (SOL) Price Data
The TROLL (SOL) price today is $0.020531 USD with a 24-hour trading volume of $30,882,484 USD. TROLL (SOL) is up 11.71% in the last 24 hours. The current CoinMarketCap ranking is #801, with a market cap of $20,510,507 USD. It has a circulating supply of 999,005,592 TROLL coins and a max. supply of 1,000,000,000 TROLL coins.
Trolling
Bitcoin has trolled the poor bulls so hard..Poor bulls.. I feel so bad for anybody who tried to catch these breakouts and waited for an actually substantial dead cat bounce with any kind of high leverage.. over and over again bitcoin has conformed to a broadening falling wedge that calls for a breakout, but instead of giving the bulls any kind of substantial dead cat bounce to trade, bitcoin was so bearish that it promptly reversed back down and scared away\liquidated anybody who thought this could lead to a stronger dead cat bounce or even a retest of the highs..
And that's why (should) use stop losses kids!
Bitcoin is STILL within one gigantic falling broadening wedge again that is actually legit and confirmed and everything, but it is so freaking enormous now that I have a strong feeling that this entire correction might be confined within this huge corrective pattern, and that that breakout could maybe possibly be (perhaps) the actual trend reversal back upwards (MAYBE) that will confirm the bull market and possibly take us back up to retest the 20k levels eventually.
Personally I am still holding onto several short positions from the 13k and 14k tops (whatever is left from those positions) and i am planning to hopefully gradually exit them almost entirely in the 8k to 9k range, with many orders stacked up in the 8.8k area and the 8.2 area.
What do you guys think is next for BTC?
Share your thoughts in the comments!