$ELSA 5 minutes, down 3.89%, current price 0.06481. Two scenarios ahead:
① If it moves sideways on shrinking volume and reclaims the starting point of the decline → this looks more like a sentiment-driven selloff
② If the rebound fails to recover and breaks below the 24h low of 0.05783 → the downtrend is likely to continue
I’ll wait to judge based on the strength of the stabilization signal. What do you think?
① If it moves sideways on shrinking volume and reclaims the starting point of the decline → this looks more like a sentiment-driven selloff
② If the rebound fails to recover and breaks below the 24h low of 0.05783 → the downtrend is likely to continue
I’ll wait to judge based on the strength of the stabilization signal. What do you think?