Lobster PLUNGES THROUGH KEY SUPPORT 📉⚠️
The $Lobster token ripped through the $0.118 block on the 4‑hour chart, hammering a 29.7% slide in 24 hours and dumping below the $0.11376 support cluster. Volume surged past $125 M, a stark contrast to the thin hands that held the $0.176 high earlier this week, indicating aggressive capitulation from risk‑off players 😟
That breach has exposed a fragile floor; the next cushion sits near $0.105, while the $0.113 zone now behaves like a resistance pivot. The price is testing the lower edge of the prior order‑block, suggesting a structural weakness rather than a fleeting correction 📉
If sellers can drive $Lobster beneath $0.100, the down‑trend may accelerate toward the $0.085 cluster, but a bounce above $0.118 could re‑ignite the mid‑range $0.14492 zone and force a short‑term retrace. Market sentiment remains sharply negative, and any reversal will need clear buying pressure ⚠️
Levels to monitor:
Watching support around $0.105
Structure suggests resistance near $0.118
Mid range area: $0.14492
DYOR
Follow for Updates
#龙虾 #GENERAL_ALTCOIN #CryptoTrending #BinanceSquare
The $Lobster token ripped through the $0.118 block on the 4‑hour chart, hammering a 29.7% slide in 24 hours and dumping below the $0.11376 support cluster. Volume surged past $125 M, a stark contrast to the thin hands that held the $0.176 high earlier this week, indicating aggressive capitulation from risk‑off players 😟
That breach has exposed a fragile floor; the next cushion sits near $0.105, while the $0.113 zone now behaves like a resistance pivot. The price is testing the lower edge of the prior order‑block, suggesting a structural weakness rather than a fleeting correction 📉
If sellers can drive $Lobster beneath $0.100, the down‑trend may accelerate toward the $0.085 cluster, but a bounce above $0.118 could re‑ignite the mid‑range $0.14492 zone and force a short‑term retrace. Market sentiment remains sharply negative, and any reversal will need clear buying pressure ⚠️
Levels to monitor:
Watching support around $0.105
Structure suggests resistance near $0.118
Mid range area: $0.14492
DYOR
Follow for Updates
#龙虾 #GENERAL_ALTCOIN #CryptoTrending #BinanceSquare