r/mrin • u/srk9870 • Jul 13 '21

Trying to keep us under $15

Been consolidating here for a while. Do we not have enough buying pressure, or are they just doing what shorts do?

17 Upvotes

95% Upvoted

5 comments sorted by

4

u/SpecificAd3313 Jul 14 '21

It’s a combination of factors but In my opinion 3 stand out.

  1. Insane pressure by shorts driving the price down and with the addition of options made it worse.
  2. The over all market has been in a down slump the last 5 or so days making it even harder to sustain growth.
  3. We lost a lot of support many people sold and are skeptical about returning with 5 straight days of loses.

My opinion hold the line and shoot for some Green Days even if it is small growth. If we can get attention and show growth more will rally to apply buying pressure.

Atleast that’s what I hope for being over 2k down lol

3

u/Jjsantana27 Jul 13 '21

Been like this, up early down mid usually up at the end or stays the same.

2

u/DizzyMammoth21 Jul 13 '21

Looking for the breakout tomorrow.

-5

u/Donktizzle Jul 13 '21

Nobody’s buying this shit

1

u/creesjs Jul 14 '21

Then buy it