龙虾 PLUNGES THROUGH KEY SUPPORT 📉⚠️
The 4‑hour chart shows $龙虾 shattering the $0.25651 resistance cluster and racing down to a fresh low of $0.19300, erasing more than 12% in 24 hours. A decisive order‑block breach near $0.240 has opened a void of liquidity, and the RSI now sits well below 30, confirming oversold pressure 📉. Volume remains robust at $139 M, indicating that institutional sellers are still active rather than passive profit‑taking 🛑.
The drop appears more structural than a routine pull‑back; the $0.19396 support zone is now under pressure, and a break beneath it would expose the next demand pocket around $0.175. However, the price is currently hovering just above the floor, suggesting a potential bounce if buying interest re‑emerges at the $0.200 level. Traders should watch the $0.225 mid‑range as a possible short‑term magnet, while the $0.2565 ceiling remains a clear barrier for any upside recovery 📈.
Levels to monitor:
Watching support around $0.19396
Structure suggests resistance near $0.25651
Mid range area: $0.22540
DYOR
Follow for Updates
#龙虾 #GENERAL_ALTCOIN #CryptoTrending #BinanceSquare
The 4‑hour chart shows $龙虾 shattering the $0.25651 resistance cluster and racing down to a fresh low of $0.19300, erasing more than 12% in 24 hours. A decisive order‑block breach near $0.240 has opened a void of liquidity, and the RSI now sits well below 30, confirming oversold pressure 📉. Volume remains robust at $139 M, indicating that institutional sellers are still active rather than passive profit‑taking 🛑.
The drop appears more structural than a routine pull‑back; the $0.19396 support zone is now under pressure, and a break beneath it would expose the next demand pocket around $0.175. However, the price is currently hovering just above the floor, suggesting a potential bounce if buying interest re‑emerges at the $0.200 level. Traders should watch the $0.225 mid‑range as a possible short‑term magnet, while the $0.2565 ceiling remains a clear barrier for any upside recovery 📈.
Levels to monitor:
Watching support around $0.19396
Structure suggests resistance near $0.25651
Mid range area: $0.22540
DYOR
Follow for Updates
#龙虾 #GENERAL_ALTCOIN #CryptoTrending #BinanceSquare