📉 $APR is not “pulling back” anymore… this is a full structure break.
From $0.6325 → $0.19
24H: -61.5%
Volume still heavy at $305M
What bothers me is the speed of the unwind.
That whole $0.45-$0.50 area got erased almost vertically, then price sliced through $0.25 with barely any fight. That usually means trapped longs are still part of the story here. 💀
I’m watching $0.18-$0.19 very closely now.
Hold it → maybe we finally get a proper relief bounce back toward $0.22-$0.25.
Lose $0.18 cleanly → I’d expect another ugly leg lower before this chart even starts looking tradable again.
Personally… I’m not trying to “buy the dip” just because $APR looks cheap.
After a move like this, cheap can get cheaper very fast. 👀
From $0.6325 → $0.19
24H: -61.5%
Volume still heavy at $305M
What bothers me is the speed of the unwind.
That whole $0.45-$0.50 area got erased almost vertically, then price sliced through $0.25 with barely any fight. That usually means trapped longs are still part of the story here. 💀
I’m watching $0.18-$0.19 very closely now.
Hold it → maybe we finally get a proper relief bounce back toward $0.22-$0.25.
Lose $0.18 cleanly → I’d expect another ugly leg lower before this chart even starts looking tradable again.
Personally… I’m not trying to “buy the dip” just because $APR looks cheap.
After a move like this, cheap can get cheaper very fast. 👀