$STRK with a trading volume of 7.67B
I'm not so sure it'll drop right now. Maybe it's just testing the support zone.
It's been hovering around $0.10400 for almost 30 minutes and hasn't been able to break below it.
The danger is that if it drops to $0.10275, it could collapse to $0.09500.
Only then could we say that support has been broken.
So far, I haven't seen any liquidation sweep by the whales—a sweep with a long wick.
A bounce could break through $0.10550 or higher.
I'm not so sure it'll drop right now. Maybe it's just testing the support zone.
It's been hovering around $0.10400 for almost 30 minutes and hasn't been able to break below it.
The danger is that if it drops to $0.10275, it could collapse to $0.09500.
Only then could we say that support has been broken.
So far, I haven't seen any liquidation sweep by the whales—a sweep with a long wick.
A bounce could break through $0.10550 or higher.