LEO continues to drop in search for a new support level.

leo_chart_20240511.png

11 days ago I shared information to caution you about the continued decline in #LEO pricing.
https://peakd.com/hive-102963/@fjworld/beware-of-leo-continued-decline

The decline continued and created an opportunity to buyback some tokens that were sold between 0.30 and 0.40

From a Trading Depth Analysis, we see more than twice as many tokens on the sell side compared to 11 days ago. Roughly speaking, that's twice as many sellers willing to sell at a 30% discount.

leo_depth_20240516.png

The current trend suggest we are more likely to be trading near 0.20 than 0.40 during the next week or so.

That's the update for today. Please share your thoughts about trading LEO. Focus on having #FUN in understanding the trendline and you will be on your way to a profitable journey. Visit and join our Project ePayTraffic (PEPT) Hive community to Learn Before You Earn.

#LUV and positive energy to all.



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