💀📉 Yeah… this one is proper bloodbath territory 💀
$VELVET -43.5%
$CYS -42.1%
$BEAT -32%
$AIO -24.8%
$PORTAL -20.3%
What jumps out to me is not just the size of the drops.
It’s that a lot of these were recent momentum names.
That usually means two things at once:
late longs are getting punished…
and the first bounce can get violent if sellers exhaust.
I’m watching VELVET around $0.58, CYS near $0.45, and AIO around $0.054.
Not because they’re “cheap.”
Because if any of them stop printing lower lows here, that’s where the reversal crowd starts piling in fast. 👀
$VELVET -43.5%
$CYS -42.1%
$BEAT -32%
$AIO -24.8%
$PORTAL -20.3%
What jumps out to me is not just the size of the drops.
It’s that a lot of these were recent momentum names.
That usually means two things at once:
late longs are getting punished…
and the first bounce can get violent if sellers exhaust.
I’m watching VELVET around $0.58, CYS near $0.45, and AIO around $0.054.
Not because they’re “cheap.”
Because if any of them stop printing lower lows here, that’s where the reversal crowd starts piling in fast. 👀