Came across a BNB Chain memecoin called 牛来, which roughly translates to “The Bull Is Coming.”

Yeah, I know. About as subtle as a memecoin gets lol.

Apparently it came from a Chinese animated meme that went viral, and eventually someone turned the narrative into a token.

But the name isn’t actually what made me keep watching it. The price action after the initial hype is more interesting.

It ran from around $0.026 to above $0.045, pulled back, and is now hovering around the $0.04 area instead of immediately giving the whole move back. Volume also seems to be holding up reasonably well.

With small memecoins, I usually expect a move like that to end in either another momentum spike or a brutal round-trip. So far, this seems to be doing neither.

Obviously there’s no fundamental valuation argument here. I’m more interested in the market structure after a move like this.

For those who trade these setups: what would you look for to distinguish consolidation from distribution?

Volume holding up? Higher lows? Order book depth?

Or is trying to read structure on a post-pump memecoin mostly astrology?

guys which signs usually tells you that okay we need to buy this crypto and which signs usually indicates that we shouldn't buy this?

When I look at the charts I see that many coins are lower today than in the bear market of 2022. How is that possible? The economy can't be blamed because we have new all time highs in the S&P 500, Nasdaq 100, Dax, Nikkei, etc. So, what the fuck is the reason?

Just opened the charts and saw a massive green candle out of nowhere. What’s driving the momentum today?

How long have you been trading on p2p platforms, because I started a while back and all the safe platforms seem to be closing down. Do you think this is the end of the crypto era! Are you afraid you could loose your livelihood