$DOT, wow, this cut is brutal.
Current price around $1.04
24h down about 4.4%, with weaker-than-usual volume
Analysis: This drop has basically no resistance. The volume can’t keep up either. The panic sell orders aren’t that much—it feels more like numbness. The group that chased at the high is probably out of energy to even curse by now. When I watched the chart, my hand was a bit itchy and I wanted to add, but I held back. This kind of weak, slow bearish slide is the most annoying; if you average in, you’re likely to get hit again. Honestly, emotionally I’m not panicking—that said, it’s not to the point where I’d start swinging wildly. First, see whether it keeps dumping. Can that low at 1.03 hold? Then we’ll talk. If the market is bad, do fewer moves—watching beats blind action.
If you cut, are you still holding on?
Current price around $1.04
24h down about 4.4%, with weaker-than-usual volume
Analysis: This drop has basically no resistance. The volume can’t keep up either. The panic sell orders aren’t that much—it feels more like numbness. The group that chased at the high is probably out of energy to even curse by now. When I watched the chart, my hand was a bit itchy and I wanted to add, but I held back. This kind of weak, slow bearish slide is the most annoying; if you average in, you’re likely to get hit again. Honestly, emotionally I’m not panicking—that said, it’s not to the point where I’d start swinging wildly. First, see whether it keeps dumping. Can that low at 1.03 hold? Then we’ll talk. If the market is bad, do fewer moves—watching beats blind action.
If you cut, are you still holding on?
