A friend asked me what I think about Leo and whether it's okay to get some now. Then he also asked if the bottom is in already. Dude doesn't wanna lose money ๐. In crypto, it's natural to have that fear of losing all your money at the back of your mind, regardless of how fantastic a project might be... We all know almost every project lost a huge chunk of % from their ATH. My biggest surprise was $FIL which dropped from around $238 to $1.8๐ฎ. What a drop. Therefore Leo is not an exception. It's quite new and to be honest it's still very cheap. Before I delve into the topic I'd love to declaim a disclaimer. I'm not a crypto aficionado or a financial advisor, all I post here are for educational purposes and for fun. Take it with a mountain ๐ป of salt๐.
_ IS THE BOTTOM IN FOR LEO๐ฆ?
From the little information available on the chart, I'll say absolutely YES. It's clear that it's forming a flat base and everything is in a pressure cooker ready for the next bull run.
Having a low of around 4 cents๐
This structure formed so far only mean stability at the base. It can't go down any further and might stay here for a while. With it's low supply and community, I can only say it might reach $1.8 at least in the next cycle. It's cheap now. A $100 in here now wouldn't hurt๐. I'm planning to get some too.
Thanks for stopping by to read this. I'll catch you on the next one ๐