$BOB A STRONG FALL — BUT THE VOLUME DRAWS ATTENTION! 👀
After several days negotiating in the 0,00000017–0,00000019 region, BOB had a strong breakdown to the downside, reaching a low of approximately 0,00000012569.
📊 The daily chart shows an important scenario:
🔸 Current price: 0,00000013475
🔸 Recent low: 0,00000012569
🔸 MA7: 0,00000016424
🔸 MA25: 0,00000018065
🔸 MA99: 0,00000017055
🔸 Market Cap: US$ 5,67 million
🔸 Holders: 66.170
The point that stands out the most is the huge volume increase exactly during the drop. This indicates movement far above the norm and makes the next candles even more important.
The $BOB is now below the three moving averages shown on the chart, so first recovering the 0,00000016–0,00000017 area would be a relevant sign of a reaction.
On the other hand, the region of the new low at 0,000000125 deserves attention. Losing that level could indicate continuation of selling pressure.
🔥 Capitulation or the start of a recovery?
After such an aggressive drop and accompanied by that volume, the next few days can tell a lot about where $BOB is headed.
Who’s watching? 👀
#BOB #BuildOnBNB
After several days negotiating in the 0,00000017–0,00000019 region, BOB had a strong breakdown to the downside, reaching a low of approximately 0,00000012569.
📊 The daily chart shows an important scenario:
🔸 Current price: 0,00000013475
🔸 Recent low: 0,00000012569
🔸 MA7: 0,00000016424
🔸 MA25: 0,00000018065
🔸 MA99: 0,00000017055
🔸 Market Cap: US$ 5,67 million
🔸 Holders: 66.170
The point that stands out the most is the huge volume increase exactly during the drop. This indicates movement far above the norm and makes the next candles even more important.
The $BOB is now below the three moving averages shown on the chart, so first recovering the 0,00000016–0,00000017 area would be a relevant sign of a reaction.
On the other hand, the region of the new low at 0,000000125 deserves attention. Losing that level could indicate continuation of selling pressure.
🔥 Capitulation or the start of a recovery?
After such an aggressive drop and accompanied by that volume, the next few days can tell a lot about where $BOB is headed.
Who’s watching? 👀
#BOB #BuildOnBNB