$龙虾 Still Bearish, But Watch the Bottom!
The 4H chart remains under heavy selling pressure, down 21.67% today. Price is hovering near 0.02046 after hitting a low of 0.01873. Buyers need to defend this zone before any recovery.
Key Levels
Support: 0.01873
Resistance: 0.0220–0.0250
Bearish breakdown: Below 0.01873 could trigger another drop.
Bullish reversal: Reclaiming 0.0220–0.0250 with strong volume could signal a relief bounce.
My take: The trend remains bearish, so don't rush into a long just because the price looks cheap. Watch 0.01873 closely. If support breaks, downside risk increases. If it holds, a bounce is possible, but confirmation is needed.
Manage your risk carefully.
$ICNT $SIREN
The 4H chart remains under heavy selling pressure, down 21.67% today. Price is hovering near 0.02046 after hitting a low of 0.01873. Buyers need to defend this zone before any recovery.
Key Levels
Support: 0.01873
Resistance: 0.0220–0.0250
Bearish breakdown: Below 0.01873 could trigger another drop.
Bullish reversal: Reclaiming 0.0220–0.0250 with strong volume could signal a relief bounce.
My take: The trend remains bearish, so don't rush into a long just because the price looks cheap. Watch 0.01873 closely. If support breaks, downside risk increases. If it holds, a bounce is possible, but confirmation is needed.
Manage your risk carefully.
$ICNT $SIREN