STONK (STONKUSDT) is trending right now!
Rank: #190
** This morning on Binance the price **6,800.01**. Within 24 hours it saw a **‑1.859 %** loss, but the volume is at a crazy level like **1.18 B USDT**. This brought back the myth of the “dip in a downtrend.” In my view, two things stand out: First, the 75K‑78K band for ’ has historically worked like a strong “spider web”; after each break, the price bounced to the next resistance level. Second, altcoins like **AVAX**, **XRP**, **DOGE**, **ADA**, **SOL** also fell at the same time by around **‑2 % to ‑4 %**. This broad pullback looks like big whales are absorbing liquidity with a “sell‑the‑news” tactic. **Data points:** - **AVAXUSDT**: .46, ‑4.236 % (volume 16.0 M) - **XRPUSDT**: .3408, ‑3.768 % (volume 195 M) - **DOGEUSDT**: /bin/sh.08335, ‑3.014 % (volume 67.3 M) - **ADAUSDT**: /bin/sh.2058, ‑2.833 % (volume 28.5 M) - **SOLUSDT**: 8.85, ‑2.457 % (volume 204 M) These numbers stand as a contrarian take against those shouting “the whole market got rekt at once”: it is still a reasonable time to do **DCA** (dollar-cost-averaging). Because within 24 hours ’s **8K** resistance was not broken and it is in the preparation stage for the next major **pump**. Counterargument: some say “ is now in a downtrend, and the new 70K area will be support.” I, however, think **** is still in the “recovery” phase; with large institutional buys coming in, a “bounce” is inevitable. This looks like a “buy-the-dip” opportunity. **Personal tactic:** The current price is in the **6,500-7,200** range