💀 -10%, -35%, -10% — three coins getting absolutely wrecked while the market watches. Is there a trade here?
CRCLB, SNXXB, and SKHYB are all in freefall mode today. Different coins, different ecosystems, same pattern: heavy selling, expanding volume, and zero signs of a reversal. Let's break down what the charts are telling us.
📊 CRCLB (-10.2%): Price at $68.8 with RSI at 38.5 and falling. Volume 2.4x above average confirms this isn't just low-liquidity noise — real selling pressure is behind this move. Price has broken below SMA7 ($72.3) and is heading toward the $65 support zone. MACD histogram is deeply negative and still expanding.
📊 SNXXB (-34.9%): The biggest loser in today's top 10. RSI at 23.6 = textbook oversold, but the trend is violently bearish. Volume at 6x normal — this is liquidation-level selling. At $3.49 with SMA7 at $4.43, the gap is enormous. Any bounce will likely face aggressive selling at $3.80-4.00.
📊 SKHYB (-10.1%): The "mildest" of the three but still ugly. RSI at 31.8, volume at 0.98x (normal) which actually makes it scarier — this isn't panic, it's steady distribution. Price at $128 vs SMA7 of $133.7 shows persistent weakness. If $125 breaks, next support is $118-112.
🎯 Trade Plans (all shorts):
CRCLB: Entry $70-71 | SL $75 | TP $63 / $60
SNXXB: Entry $3.50-3.70 | SL $4.10 | TP $3.00 / $2.80
SKHYB: Entry $130-132 | SL $142 | TP $118 / $112
Which one do you think finds support first — or are they all heading lower? 📉
#CRCLB #SNXXB #SKHYB