🧵 $FOREST: Signal Beneath the Soil
This isn't just a chart setup. It's the quiet rumble before mycelial ignition.
Elliott Wave meets ecological memory. Here’s why $FOREST may be stirring toward breakout. 🌲📈
#Elliottwave #Altseason2025
1/ The Long Winter Thaws 🌍
In Nov '23, $FOREST bloomed briefly to a $70m MC, then receded into compost.
Wave 2 was a deep, drawn-out exhale. From the ashes, the spores gather.
Now: $0.000975
Macro Wave 2 = likely complete
Next? Wave 3: liftoff from the loam.
2/ Anatomy of Tension 🔬
Local floor: $0.00087
Current whisper: $0.000975
Fibonacci whispers: 1.618 = $0.00107, 2.618 = $0.00120, 4.236 = $0.00145
Volume is rising. RSI unfurling.
The network begins to hum.
Break + hold above $0.00110 = ignition.
3/ Waypoints on the Mycelial Map 🎯
Wave 3 Targets:
→ $0.00110 = trigger
→ $0.00150 = resistance
→ $0.00250 = primary destination
→ $0.0038–$0.0045 = extended overstory
Invalidation if we fall below: → $0.00087 (short)
→ $0.00060 (macro)
4/ Why This Matters Now 🧠
Microcaps move when the canopy is quiet.
$FOREST =
✔️ Micro-mcap mycelium
✔️ Elegant EW structure
✔️ Ecosystem energy rising
✔️ Illiquidity = potential volatility
It’s not about hype. It’s about readiness. A pulse before the bloom.
5/ TL;DR Strategy 🧪
📍 Accumulation: $0.00087–$0.00105
🚪 Breakout signal: $0.00110+
🛡️ Stop-loss: $0.00086
🚀 Potential: 2–4x (near-term), higher if Wave 3 takes root
No need to chase
Let the structure emerge
Like spores on the wind 🍃 🍄
$FOREST #Elliottwave
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