$Lobster drops back in 5 minutes by 3.16%, current price 0.04452. Next are two possible scenarios:
① Reduced volume consolidation, then it holds and bounces back to the start of the decline → this one feels more like a kill-by-emotion move
② A relief rally that can’t hold above, fails to reclaim the level, and breaks below the 24h low of 0.0361 → weakness may continue
Personally, I’d wait to judge based on the performance of the first relief bounce. Do you think this is the beginning of a move or the end of one?
#Lobster
Markets change by the second—please judge independently.
① Reduced volume consolidation, then it holds and bounces back to the start of the decline → this one feels more like a kill-by-emotion move
② A relief rally that can’t hold above, fails to reclaim the level, and breaks below the 24h low of 0.0361 → weakness may continue
Personally, I’d wait to judge based on the performance of the first relief bounce. Do you think this is the beginning of a move or the end of one?
#Lobster
Markets change by the second—please judge independently.