$APR fell 4.87% in 5 minutes; the current price is 0.04143. Two possible scenarios:
① Volume dries up, the price holds steady, and reclaims the breakdown level → this was most likely a shakeout
② The rebound fails to reclaim that level and breaks below the 24-hour low of 0.04091 → the downtrend will likely continue
I’d personally wait to see how the first rebound performs before making a judgment. Share your prediction in the comments, and we’ll check back later to see who was right.
#APR
Just sharing my thoughts; this is not investment advice.
① Volume dries up, the price holds steady, and reclaims the breakdown level → this was most likely a shakeout
② The rebound fails to reclaim that level and breaks below the 24-hour low of 0.04091 → the downtrend will likely continue
I’d personally wait to see how the first rebound performs before making a judgment. Share your prediction in the comments, and we’ll check back later to see who was right.
#APR
Just sharing my thoughts; this is not investment advice.