H SLIDES THROUGH SUPPORT, SELL‑OFF INTENSIFIES 📉⚠️
Price action ripped
$H below its near‑term support of $0.07475, snapping the 4‑hour order block that held since early week. The breach was accompanied by a surge in futures sell volume, pushing 24‑hour turnover to $14.1 M while momentum indicators turned sharply negative 😑. On‑chain data show a drying up of net inflows, suggesting the broader accumulation that underpinned the recent rally is evaporating. The token now trades at $0.07623, barely above the breached floor 📉.
Given the speed of the slide, this looks less like a tidy correction and more like a structural weakness in
$H ’s price map. The next liquidity bucket sits around $0.0742, where previous buyers accumulated, while the $0.0775‑$0.0780 corridor is turning into a fresh resistance zone as short positions build. A sustained hold above $0.0765 could hint at a short‑term pause, but any further slip toward $0.0742 would reinforce a bearish outlook 📊
Levels to monitor:
Watching support around $0.0742
Structure suggests resistance near $0.0778
Mid range area: $0.0814
DYOR
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