1-hour top 5 losers:
$ICNT -11.33%; $ZEREBRO -4.07%; $BAT -3.23%; WAL -2.84%; AKE -2.27%
When reading the losers list, I distinguish between two scenarios:
① One coin is leading the decline: this is often due to an event such as selling pressure, so first find out what happened.
② Several coins in the same sector are falling together: this usually means funds are flowing out, and a recovery will have to wait until the sector stops falling.
The top loser, $ICNT -11.33%, is within the usual range. First, watch whether it can hold above its previous low.
$ICNT -11.33%; $ZEREBRO -4.07%; $BAT -3.23%; WAL -2.84%; AKE -2.27%
When reading the losers list, I distinguish between two scenarios:
① One coin is leading the decline: this is often due to an event such as selling pressure, so first find out what happened.
② Several coins in the same sector are falling together: this usually means funds are flowing out, and a recovery will have to wait until the sector stops falling.
The top loser, $ICNT -11.33%, is within the usual range. First, watch whether it can hold above its previous low.