@rymart

The $degen token in August 2025 is at a technical reversal stage: an inverse head and shoulders pattern is forming, which usually signals a trend change from bearish to bullish. Key support is at $0.0035, with resistance at $0.0049–0.0050. A breakout above $0.005 could lead to an impulsive rise. Amid expectations of a deflationary model and regular token burns, investors show interest, creating short-term bullish momentum, although volatility remains high.

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