Plunged 1.81% in $Q 5 minutes, to 0.133, with a 24-hour range of 0.06661–0.1529.
Wait for the candlestick to close before judging; don’t take an intraday spike at face value.
The first rebound after a decline is crucial: if it can’t gain momentum, support is still weak. Only recovering most of the losses would count as a sign of stabilization.
Wait for the candlestick to close before judging; don’t take an intraday spike at face value.
The first rebound after a decline is crucial: if it can’t gain momentum, support is still weak. Only recovering most of the losses would count as a sign of stabilization.