Watched the order book all day, and this coin’s performance really makes people reconsider. Right now, the price is around 0.167, and in the past 24 hours it’s directly down 12.7%.
Just looking at the drop isn’t enough—the key is that trading activity has been quite clearly in sync. During this period, the trading volume exceeded $12.7 million, and the volume expanded by almost four times. The price has been pushed down from the high of 0.192 all the way to a low that also tested 0.152. The current price is sitting near the lower end of the day’s overall trading range, and in the short term the focus has been steadily shifting downward.
When I followed the bearish direction earlier, yes—it did drop for a while in line with that trend. But now the market is compressed at a relatively low level, and with the volume being this large again, after such intensive turnover, the next step is to closely watch the buying resilience at low prices. Don’t blindly keep focusing on one-way declines.
$APR
Just looking at the drop isn’t enough—the key is that trading activity has been quite clearly in sync. During this period, the trading volume exceeded $12.7 million, and the volume expanded by almost four times. The price has been pushed down from the high of 0.192 all the way to a low that also tested 0.152. The current price is sitting near the lower end of the day’s overall trading range, and in the short term the focus has been steadily shifting downward.
When I followed the bearish direction earlier, yes—it did drop for a while in line with that trend. But now the market is compressed at a relatively low level, and with the volume being this large again, after such intensive turnover, the next step is to closely watch the buying resilience at low prices. Don’t blindly keep focusing on one-way declines.
$APR
