US PLUNGES THROUGH CRITICAL SUPPORT đâ ïž
$US shattered the $0.01689 floor, sliding under the 24âhour low of $0.01681 and erasing half of its weekly market cap in minutes. Aggressive sellâside order blocks were breached on the 1âhour chart, flipping previously bullish liquidity into a deep deficit. Macroâasset accumulation has dried up, and futures open interest shows a pronounced shortâbias, pushing volume into the $104âŻM lowâzone đ».
The breach suggests more than a routine pullâback; the price is now testing the next technical hinge around $0.01670. If buyers cannot defend that line, the structure points to a broader breakdown toward the $0.01530 cluster, where historic sellâwalls reside. Conversely, a swift rebound above the $0.01720 pivot could reâestablish the $0.02601 midârange as a defensive ceiling, hinting at a constrained correction rather than a collapse đ. Traders should watch the orderâflow delta for any sign of buying pressure reâemerging, as that could temper the downside momentum đ.
Levels to monitor:
Watching support around $0.01670
Structure suggests resistance near $0.01720
Mid range area: $0.02601
DYOR
Follow for Updates
#US #GENERAL_ALTCOIN #CryptoTrending #BinanceSquare
$US shattered the $0.01689 floor, sliding under the 24âhour low of $0.01681 and erasing half of its weekly market cap in minutes. Aggressive sellâside order blocks were breached on the 1âhour chart, flipping previously bullish liquidity into a deep deficit. Macroâasset accumulation has dried up, and futures open interest shows a pronounced shortâbias, pushing volume into the $104âŻM lowâzone đ».
The breach suggests more than a routine pullâback; the price is now testing the next technical hinge around $0.01670. If buyers cannot defend that line, the structure points to a broader breakdown toward the $0.01530 cluster, where historic sellâwalls reside. Conversely, a swift rebound above the $0.01720 pivot could reâestablish the $0.02601 midârange as a defensive ceiling, hinting at a constrained correction rather than a collapse đ. Traders should watch the orderâflow delta for any sign of buying pressure reâemerging, as that could temper the downside momentum đ.
Levels to monitor:
Watching support around $0.01670
Structure suggests resistance near $0.01720
Mid range area: $0.02601
DYOR
Follow for Updates
#US #GENERAL_ALTCOIN #CryptoTrending #BinanceSquare