Lobster PLUNGE CONTINUES 🚨📉
The 24-hour slide has ripped $Lobster through the $0.18194 mid-range order block, slashing the price to $0.15825 — a 24.86% drop that erased the high of $0.22800 within a single session 🚨. Volume surged past $196 M, indicating that large-scale futures traders are aggressively unloading positions as the market breaches the $0.190 supply zone 📉.
The $0.13655 support band, which held yesterday’s low of $0.13587, is now under pressure, suggesting a structural breach rather than a routine pullback ⚠️. Momentum oscillators have turned sharply negative, and the order flow shows a widening sell-side imbalance, raising doubts about the sustainability of the current level.
If $Lobster can stabilize above the $0.136 zone, the next resistance lies near the former mid-range at $0.182, offering a thin foothold for a modest rebound. Failure to hold support will likely expose the token to the next liquidity pool around $0.120, extending the downside trajectory.
Levels to watch:
Watching support around $0.1365
Structure suggests resistance near $0.1820
Mid-range area: $0.2269
DYOR
Follow for Updates
#龙虾 #GENERAL_ALTCOIN #CryptoTrending #BinanceSquare
The 24-hour slide has ripped $Lobster through the $0.18194 mid-range order block, slashing the price to $0.15825 — a 24.86% drop that erased the high of $0.22800 within a single session 🚨. Volume surged past $196 M, indicating that large-scale futures traders are aggressively unloading positions as the market breaches the $0.190 supply zone 📉.
The $0.13655 support band, which held yesterday’s low of $0.13587, is now under pressure, suggesting a structural breach rather than a routine pullback ⚠️. Momentum oscillators have turned sharply negative, and the order flow shows a widening sell-side imbalance, raising doubts about the sustainability of the current level.
If $Lobster can stabilize above the $0.136 zone, the next resistance lies near the former mid-range at $0.182, offering a thin foothold for a modest rebound. Failure to hold support will likely expose the token to the next liquidity pool around $0.120, extending the downside trajectory.
Levels to watch:
Watching support around $0.1365
Structure suggests resistance near $0.1820
Mid-range area: $0.2269
DYOR
Follow for Updates
#龙虾 #GENERAL_ALTCOIN #CryptoTrending #BinanceSquare