$GTC 15-minute drop of 6.67%, current price 0.2504. There are two possible scenarios:
① It stabilizes and recovers to the starting point of the drop → this was probably a sentiment-driven sell-off
② The rebound is weak and it breaks below the 24-hour low of 0.1895 → weakness will most likely continue
Personally, I’ll wait to see how the first rebound plays out before making a judgment. How would you respond?
① It stabilizes and recovers to the starting point of the drop → this was probably a sentiment-driven sell-off
② The rebound is weak and it breaks below the 24-hour low of 0.1895 → weakness will most likely continue
Personally, I’ll wait to see how the first rebound plays out before making a judgment. How would you respond?