$MBOX just printed that ugly flush and I caught it on the wick 📉
Not bragging, just saying the chart looked dead until it didn’t. Price got shoved to $0.002100, down 34.38% in 24h, and the 4h RSI is sitting at 22. That’s the kind of oversold dump where everyone hates the chart right before it starts breathing again ⚡
Volume is garbage though, only $861K and way under the 20d average, so this is not some clean reversal. It’s still below the 20d and 50d MAs, futures funding is flat, and price is basically glued near the bottom of the 30d range. Still, that kind of panic is where the snapback usually starts if it starts 🧊
#MBOX
#Web3
#Crypto
Not bragging, just saying the chart looked dead until it didn’t. Price got shoved to $0.002100, down 34.38% in 24h, and the 4h RSI is sitting at 22. That’s the kind of oversold dump where everyone hates the chart right before it starts breathing again ⚡
Volume is garbage though, only $861K and way under the 20d average, so this is not some clean reversal. It’s still below the 20d and 50d MAs, futures funding is flat, and price is basically glued near the bottom of the 30d range. Still, that kind of panic is where the snapback usually starts if it starts 🧊
#MBOX
#Web3
#Crypto