$US Is Down 74% From Its High. One Level Could Start the Bounce. 🧟
Price dumped from 0.036 to 0.009360 in three days. That's not a pullback. That's a full reset. 24h volume is 99M USDT. Order book still shows 60% asks, but bids are quietly stacking at the 0.0090 zone.
The 0.008770 low from yesterday held once. If it holds again, we could see a relief rally back toward 0.0125. But the trend is still down. I've caught this knife before and bled 30% before it bounced. This time I'm waiting for a reclaim of 0.0095 before I even think about a long.
I'm flat right now. Watching the tape. If 0.0095 reclaims with volume, I'm in. If not, I stay out.
Are you catching this bounce or waiting for confirmation?
Price dumped from 0.036 to 0.009360 in three days. That's not a pullback. That's a full reset. 24h volume is 99M USDT. Order book still shows 60% asks, but bids are quietly stacking at the 0.0090 zone.
The 0.008770 low from yesterday held once. If it holds again, we could see a relief rally back toward 0.0125. But the trend is still down. I've caught this knife before and bled 30% before it bounced. This time I'm waiting for a reclaim of 0.0095 before I even think about a long.
I'm flat right now. Watching the tape. If 0.0095 reclaims with volume, I'm in. If not, I stay out.
Are you catching this bounce or waiting for confirmation?