$INTW is facing extreme selling pressure following a sharp breakdown from the $18–$19 region. The price is now trading around $7.27, down 58.74% in 24 hours.
The 4-hour chart shows a major bearish move, with price losing several support levels in a short period. Selling pressure remains dominant, while the latest candles show little evidence of a sustained recovery.
The $7.13 area is the immediate support to watch. A breakdown below this level could expose further downside. On the recovery side, $8.00–$10.00 is an important zone where buyers would need to regain control.
With 24-hour trading volume around $319 million, market activity is elevated during this sharp decline. For now, INTW remains technically weak, and a stronger recovery structure is needed before bullish momentum can be considered confirmed.
#KOSPIFalls3.53%BackBelow6000 #AmazonSharesFallAbout7%InPremarketTrading #USMidtermElections #BinanceWillListPredictPREDICT #TwoAddressesHoldingAbout1.28BUSDTFrozen
The 4-hour chart shows a major bearish move, with price losing several support levels in a short period. Selling pressure remains dominant, while the latest candles show little evidence of a sustained recovery.
The $7.13 area is the immediate support to watch. A breakdown below this level could expose further downside. On the recovery side, $8.00–$10.00 is an important zone where buyers would need to regain control.
With 24-hour trading volume around $319 million, market activity is elevated during this sharp decline. For now, INTW remains technically weak, and a stronger recovery structure is needed before bullish momentum can be considered confirmed.
#KOSPIFalls3.53%BackBelow6000 #AmazonSharesFallAbout7%InPremarketTrading #USMidtermElections #BinanceWillListPredictPREDICT #TwoAddressesHoldingAbout1.28BUSDTFrozen
