24 hours drop from 0.0147 to 0.0075, then after the halving it got pulled back to 0.0095—this candlestick looks like an ECG 📉 $4STOCK at this point, to put it bluntly, is just a phase where longs and shorts are playing dumb games with each other. I took a look at the trading volume: 6.4 million USD in volume isn’t small for the Alpha sector on the Alpha board, but the question is—was that volume created by selling pressure or by buy support? The 24-hour amplitude is close to 100%. With volatility this high, anyone chasing after a move is basically getting buried. In the community right now, two sides are arguing fiercely: one side says the Alpha sector is all about fast in-and-out, while the other is still waiting for the narrative to ferment. My take: in the early price discovery stage after a new coin launches, don’t force-fit it with technical analysis. Support and resistance levels are basically paper-thin compared to sentiment.

$4STOCK #行情分析 #on-chain data