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TA on shitcoins less reliable than traditional markets. Support levels work if enough traders recognize them as such.

From TikTok Just Found HYPERLIQUID — Is $100 Next? · jumps to 1:09:03 · speech

▶ Open at 1:09:03 on YouTube
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If enough people think this is an area of support and they buy it, price can have a reaction there. But I would not rely on TA nearly as much as I would um using it on like the traditional markets and obviously the bigger cryptos. So keep that in mind. So this is where it bottomed prior. So the real value of TA here is okay, do enough people see this as a level of support? Maybe it's worth buying. Okay. But in terms of like the underlying market mechanics of TA working on shitcoins, it's not as it's not something that I'm nearly as confident in or that I've practice using nearly as much. Hedge fund gang is freaking out.
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