Whole market green today and $TRUMP still managed to dump 18%.
BTC up 3%, ETH up almost 6%, and this one slid from 1.59 all the way to a 1.219 wick. One hourly candle did most of the damage, biggest volume it printed in weeks.
Bounced to 1.29 since then but honestly that looks more like shorts closing than real buyers stepping in. Coins that bleed while everything else pumps usually have a reason.
For me 1.22 is the line now. An hourly close under it and I don't see much support nearby.
To change my mind it has to get back over 1.40 where the breakdown started, then 1.47 above that.
BTC up 3%, ETH up almost 6%, and this one slid from 1.59 all the way to a 1.219 wick. One hourly candle did most of the damage, biggest volume it printed in weeks.
Bounced to 1.29 since then but honestly that looks more like shorts closing than real buyers stepping in. Coins that bleed while everything else pumps usually have a reason.
For me 1.22 is the line now. An hourly close under it and I don't see much support nearby.
To change my mind it has to get back over 1.40 where the breakdown started, then 1.47 above that.
