$GTC at $0.113 after a 23.69% dump: is this capitulation, or the next leg lower? 👀
The 4h move is worse: -26.1%, with $6.01M volume at 1.6x the 20d average. Shorts are paying -0.567% funding, while price still sits above the 20d and 50d MAs.
Weird setup.
At $0.10, I’d watch the reaction, not chase. $ETH strength won’t save a chart that keeps bleeding. RSI sits at 49, so no clean oversold bounce yet.
Does $0.10 hold or break, which side are you on? 🔥
#GTC #Web3
The 4h move is worse: -26.1%, with $6.01M volume at 1.6x the 20d average. Shorts are paying -0.567% funding, while price still sits above the 20d and 50d MAs.
Weird setup.
At $0.10, I’d watch the reaction, not chase. $ETH strength won’t save a chart that keeps bleeding. RSI sits at 49, so no clean oversold bounce yet.
Does $0.10 hold or break, which side are you on? 🔥
#GTC #Web3