1-hour top 5 decliners:
1) $IDOL -11.37%
2) $APR -6.67%
3) $EVAA -3.55%
4) AGT -3.48%
5) REZ -3.21%
When reading the decliners list, I distinguish between two scenarios:
① A single coin plunges: this is often due to factors such as token unlocks. First find out what happened, then assess the situation;
② An entire sector falls together: this is usually due to sentiment cooling off, and a recovery will have to wait until the broader market stops falling.
The biggest decliner, $IDOL -11.37%, is still within the normal range. First, watch to see whether support holds.
1) $IDOL -11.37%
2) $APR -6.67%
3) $EVAA -3.55%
4) AGT -3.48%
5) REZ -3.21%
When reading the decliners list, I distinguish between two scenarios:
① A single coin plunges: this is often due to factors such as token unlocks. First find out what happened, then assess the situation;
② An entire sector falls together: this is usually due to sentiment cooling off, and a recovery will have to wait until the broader market stops falling.
The biggest decliner, $IDOL -11.37%, is still within the normal range. First, watch to see whether support holds.