A lot more volume this time when we bounced off of 0.0035 compared to three days ago....
Somebody has a hard sell wall going to keep the MCO price below exactly 0.0035. That's won't hold once the app comes out.
Now 0.0035 has gone from being the ceiling to the floor. MCO price is now being channeled between 0.0035 and 0.0040. Such textbook activity to keep MCO prices low at artificial even-number levels is an amazing thing to see. The height of the price channel has constricted by a factor of three, from 0.0020-0.0035 to 0.0035-0.0040. This is like compressing a spring. Fewer and fewer people are selling off when the ceiling gets hit, and the mentality is shifting from profit-taking to hodling. With the relatively low number of MCO tokens available for sale, we are headed to the moon when VISA is announced and the app comes out.
