The biggest drop list scanned KAITO, -24%. This kind of drop is either distribution (selling off) or a washout—tell them apart.
Current price 0.4983, 24h volume 10M, high 0.6650 / low 0.4904
It has already dropped to support near 0.4904. The value here is very good—small stop-loss room, big upside on a rebound.
Market cap 120M.
ATH is now 6x. After dropping this much, as long as the project hasn’t died, there is extremely big room for a rebound.
The sell-off on increased volume isn’t finished yet; if the volume hasn’t decreased, it means selling pressure is still there. Wait for a volume contraction before judging.
Data doesn’t lie, but people can lie to themselves.
Summary: For the -24% at this level, the odds are already pretty good. But the prerequisite is that you can accept another -5% drop—set your stop-loss before you act.
$KAITO $ONE
Current price 0.4983, 24h volume 10M, high 0.6650 / low 0.4904
It has already dropped to support near 0.4904. The value here is very good—small stop-loss room, big upside on a rebound.
Market cap 120M.
ATH is now 6x. After dropping this much, as long as the project hasn’t died, there is extremely big room for a rebound.
The sell-off on increased volume isn’t finished yet; if the volume hasn’t decreased, it means selling pressure is still there. Wait for a volume contraction before judging.
Data doesn’t lie, but people can lie to themselves.
Summary: For the -24% at this level, the odds are already pretty good. But the prerequisite is that you can accept another -5% drop—set your stop-loss before you act.
$KAITO $ONE