#量价配合 $DRV This selloff has been pretty brutal: it's down over 11% in 24 hours, with the price now at 0.267, just a hair above the 7-day low of 0.2656.
The key is volume: 7.84M traded over the past day, about 16% above the 7-day average of 6.77M. Volume has topped 7.6M for two consecutive days—this is a high-volume decline, not a slow slide on shrinking volume. The bears are really selling into this move.
But the indicators are already at extreme levels: RSI is 11, and the price has fallen below the Bollinger lower band at 0.279. MA7 at 0.2914 and MA25 at 0.3041 are both overhead, acting as resistance, and the MACD is also in a bearish alignment. With the asset oversold and breaking down, there are two possible scenarios: if it holds above the 0.2656 low, it could first rebound toward 0.279 and 0.2914; if it fails to hold and breaks below 0.2656, there isn't much meaningful support below.
The key is volume: 7.84M traded over the past day, about 16% above the 7-day average of 6.77M. Volume has topped 7.6M for two consecutive days—this is a high-volume decline, not a slow slide on shrinking volume. The bears are really selling into this move.
But the indicators are already at extreme levels: RSI is 11, and the price has fallen below the Bollinger lower band at 0.279. MA7 at 0.2914 and MA25 at 0.3041 are both overhead, acting as resistance, and the MACD is also in a bearish alignment. With the asset oversold and breaking down, there are two possible scenarios: if it holds above the 0.2656 low, it could first rebound toward 0.279 and 0.2914; if it fails to hold and breaks below 0.2656, there isn't much meaningful support below.
