$BAT fell 10.85% in a day, closing at 0.1767—just 0.0003 above its 24-hour low of 0.1764. What’s interesting is this past hour: the price dropped another 5.61%, while trading value surged to 2.2 times the average hourly level for the day. The drop was sharp, and volume really picked up too. This isn’t a slow bleed; sellers are dumping heavily at this level. Today’s high was 0.2108, and the price has already fallen 16% from there. Anyone who bought in this morning is now underwater. I won’t guess where the bottom is; I’m just watching to see whether 0.1764 holds. If it breaks, today’s selling isn’t over yet. If it holds and volume contracts, then this wave of selling pressure may have been cleared.
#BAT #BinanceSquare #Crypto
#BAT #BinanceSquare #Crypto