$INIT drops 47% in 24 hours... Will it find a bottom near 0.15306? 📉
The price is at 0.15306, and the trading volume ratio is just 0.04, indicating weak liquidity and limited participation in the decline on the 15-minute timeframe. The lack of momentum makes any stabilization temporary until a clear signal appears.
The likely scenario is continued selling pressure with weak rebound attempts, unless trading volume increases and the price closes above nearby levels.
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$INIT
This content is not investment advice. Do your own research (DYOR).
The price is at 0.15306, and the trading volume ratio is just 0.04, indicating weak liquidity and limited participation in the decline on the 15-minute timeframe. The lack of momentum makes any stabilization temporary until a clear signal appears.
The likely scenario is continued selling pressure with weak rebound attempts, unless trading volume increases and the price closes above nearby levels.
Follow us for more 🚀
$INIT
This content is not investment advice. Do your own research (DYOR).
