Market funding watch:
$Q 5-minute drop of 7.6%, with the current price at 0.06875 and 24-hour trading volume at $1.288 billion.
What does the market funding picture tell us?
· The decline was concentrated in just five minutes, suggesting heavy selling pressure
· It’s still up 24.75% over 24 hours, pointing to profit-taking
· Next, watch for buying support at lower levels. If it doesn’t hold, the price could dip again
Which side are you on?
How you trade is up to you—this is just for sharing.
$Q 5-minute drop of 7.6%, with the current price at 0.06875 and 24-hour trading volume at $1.288 billion.
What does the market funding picture tell us?
· The decline was concentrated in just five minutes, suggesting heavy selling pressure
· It’s still up 24.75% over 24 hours, pointing to profit-taking
· Next, watch for buying support at lower levels. If it doesn’t hold, the price could dip again
Which side are you on?
How you trade is up to you—this is just for sharing.
