Peezy (PEEZY)

When $ETH goes crazy, long standing communities like $PEEZY will eventually catch a bid.

Peezy money.

Rapid Fire Charts: $PEEZY

PEEZY has many possible routes but here are the two likely routes IMO.

Bullish - GREEN/WHITE - In this scenario, major wave 2 has completed in spring of 2025 and the subsequent waves afterwards are part of major wave 3. We can make out a subwave i of 3 (labeled white i) and wave ii of 3 looks about complete (white ii where we are currently). There are two major support lines here (yellow/white) intersecting which should be strong. That should lead to a bounce here and the beginning of wave iii of 3.

Bearish - PINK - In this scenario, major wave 2 has not completed and $PEEZY is a laggard in the altcoin/memecoin trend. If it falls below the two intersecting support line (yellow and white), then it will fall onto the next one (pink). This does correspond better with the historic low stoch RSI reading on the 3 day chart as the low readings tend to correlate to major wave 2's. In this scenario, the climb back up begins with sub wave i and so forth. This scenario paints a picture of th