🩸 After a two-day 75% surge, $HAEDAL dumped 20% in a day, leaving buyers who chased the top down 26%
▪️ Since 10/26, it climbed from 0.0194 to 0.03395, gaining about 75% in two days
▪️ On each of those two pump days, trading volume was around 16 million USDT—roughly 25 times the previous daily average
▪️ Current price: 0.02516, down 20.6% in 24h; today’s low was 0.0245
▪️ Hourly highs keep getting lower, and every bounce to around 0.0275 today has been sold off
My personal take: the first selloff after a huge-volume pump is usually early holders cashing out, and bears have also clearly been adding positions over the past two days. I’ll be watching the 0.0245 level: if it holds, there could be a second rebound; if it breaks, support is likely to be tested around 0.022.
Do you think this is a shakeout or distribution? Buy the dip now, or wait? 👇
#HAEDAL #山寨币 #BinanceSquare
▪️ Since 10/26, it climbed from 0.0194 to 0.03395, gaining about 75% in two days
▪️ On each of those two pump days, trading volume was around 16 million USDT—roughly 25 times the previous daily average
▪️ Current price: 0.02516, down 20.6% in 24h; today’s low was 0.0245
▪️ Hourly highs keep getting lower, and every bounce to around 0.0275 today has been sold off
My personal take: the first selloff after a huge-volume pump is usually early holders cashing out, and bears have also clearly been adding positions over the past two days. I’ll be watching the 0.0245 level: if it holds, there could be a second rebound; if it breaks, support is likely to be tested around 0.022.
Do you think this is a shakeout or distribution? Buy the dip now, or wait? 👇
#HAEDAL #山寨币 #BinanceSquare