$T drops 30.17% in 24 hours to $0.005 on $14.11M volume.
The recent hourly close at $0.00494 shows steep acceleration after breaking below the previous 23-hour range low of $0.00537. While lower volume relative to the daily average suggests fading selling pressure, deep intraday retracements carry severe liquidation risks.
A bullish continuation scenario requires reclaiming $0.00537 to signal relief. Conversely, failure to hold above $0.00494 invalidates the bounce case and exposes further downside toward psychological thresholds.
Will you wait for a sustained reclaim of $0.00537, or does the break below $0.00494 signal deeper downside?
Tap $T for the live chart. #T #BinanceSquare
The recent hourly close at $0.00494 shows steep acceleration after breaking below the previous 23-hour range low of $0.00537. While lower volume relative to the daily average suggests fading selling pressure, deep intraday retracements carry severe liquidation risks.
A bullish continuation scenario requires reclaiming $0.00537 to signal relief. Conversely, failure to hold above $0.00494 invalidates the bounce case and exposes further downside toward psychological thresholds.
Will you wait for a sustained reclaim of $0.00537, or does the break below $0.00494 signal deeper downside?
Tap $T for the live chart. #T #BinanceSquare