I am a part of the team that originally launched the Punch on SOL and sold just before the run itself because some Japanese guy decided it's his coin now and started fudding it to hell until he got the fees.
If ETH is really all about holding and sending good narratives then Punch is the top 1 thing to give a proper run here.
Count me in
(Main account cant join comms)
@badattrading_ so fun to track those side wallets, and see if they dump on us or move to other coins, but sometimes i think it bugs cause u have to check Solscan, but is such a good feature
$PUNCH really out here setting the trap.
Whole chart looks like it got nuked, but zoom out and you see the same thing every cycle, big blow off, long bleed, then a flat boring base where nobody cares.
Now it’s chilling around 6M with volatility crushed and volume dead, which usually means sellers are done and there’s no one left to dump.
Price not making new lows anymore, just grinding sideways that’s how bottoms form before the next leg.
This is the phase where CT is distracted by new launches while this quietly gets accumulated.
Once it flips momentum and reclaims a range, it won’t need much to move because supply overhead is way thinner now.
Narrative still clean too, short aggressive ticker, easy meme, already has history so people recognize it instantly when it starts moving again.
Second waves on these always hit harder than expected.
A bit of math with $PUNCH
Not sure if you trade using Fibonacci levels
But right now there’s a great 0.886 level for an entry
Where does this level even come from, you might ask?
It’s the square root of 0.786. It’s used to identify a deep correction
You can thank me later
he goes to the zoo every single week just to see $PUNCH.
even though the zoo is quite far from tokyo station.
has there ever been an animal that has touched people this deeply?
only $PUNCH