One unusual move to watch during trading: $US plunged 6.34% in 5 minutes. Current price: 0.02096, 24h: -35.81%.
The first rebound after a drop is crucial: if it can’t gain traction, buying pressure is still weak. Recovering most of the loss would be a sign that it’s stabilizing.
Just my personal opinion—please assess it rationally.
The first rebound after a drop is crucial: if it can’t gain traction, buying pressure is still weak. Recovering most of the loss would be a sign that it’s stabilizing.
Just my personal opinion—please assess it rationally.