$Q 5-minute drop of 3.11%, current price 0.05357. There are two possible scenarios from here:
① Stabilizes and climbs back above the point where the decline began → this move looks more like a shakeout
② Weak rebound, then breaks below the 24h low of 0.04556 → weakness is likely to continue
Personally, I’ll wait to see how the first rebound performs before drawing a conclusion. Bullish or bearish?
#Q
The above is a compilation of public information. Please verify it yourself.
① Stabilizes and climbs back above the point where the decline began → this move looks more like a shakeout
② Weak rebound, then breaks below the 24h low of 0.04556 → weakness is likely to continue
Personally, I’ll wait to see how the first rebound performs before drawing a conclusion. Bullish or bearish?
#Q
The above is a compilation of public information. Please verify it yourself.