$龙虾 $0.035372 -16.57% - LONG RED CANDLE ENGULFS

1 day:
Market cap $35.37M / FDV $35.37M - small cap
On-chain liquidations $1.99M - traders got wiped out
92,496 holders

Chart: plunged straight from 0.05 to 0.0351 - the biggest red candle in 5 days, completely engulfing the previous green candle
Current price 0.0354977734 - testing the bottom

Volume: 7.63M > MA5 4.9M - selling volume is rising; MA10 9.54M - selling pressure is still there

Trade setup:
Don't try to catch the bottom at -16.57%. Wait.
Entry: 0.032 - 0.033 if it bounces off the lows
SL: 0.030 (-8%)
TP: 0.042 / 0.050

This $35M-cap coin can fly fast, but it can also fall just as fast, like the 9 meme coins BTTC, PEPE, and BONK I'm holding.

Who's holding 龙虾?
#龙虾 #BinanceAlpha