1000000BOB PLUNGES THROUGH KEY ORDER BLOCK đâ ïž
$1000000BOB plunged 22âŻ% in the last 24âŻh, tearing through the 4âhour order block that held at $0.01539 and spilling into the $0.01400â$0.01350 corridor đ. Volume stayed robust at $12.2âŻM, indicating that macroâasset accumulation is retreating rather than fading, and the MACD histogram deepened negative as momentum accelerated downwards â ïž.
Current price nudges $0.01349, hovering just above the primary support cluster around $0.01268. The breach of that zone would expose a deeper trough near $0.01230, suggesting a structural weakness rather than a tidy correction đ. Momentum oscillators sit near oversold levels, and order flow shows sellers dominating the bid side, so any bounce will need fresh institutional inflow to hold the midârange $0.01539 pivot.
If the market absorbs the sellâoff and reclaims the $0.01400 barrier, it could signal a bottoming process supported by a rebounding order block; otherwise, the downward trajectory may extend toward the $0.01180 low observed earlier đ.
Levels to monitor:
Watching support around $0.01230
Structure suggests resistance near $0.01539
Mid range area: $0.01450
DYOR
Follow for Updates
#1000000BOB #GENERAL_ALTCOIN #CryptoTrending #BinanceSquare
$1000000BOB plunged 22âŻ% in the last 24âŻh, tearing through the 4âhour order block that held at $0.01539 and spilling into the $0.01400â$0.01350 corridor đ. Volume stayed robust at $12.2âŻM, indicating that macroâasset accumulation is retreating rather than fading, and the MACD histogram deepened negative as momentum accelerated downwards â ïž.
Current price nudges $0.01349, hovering just above the primary support cluster around $0.01268. The breach of that zone would expose a deeper trough near $0.01230, suggesting a structural weakness rather than a tidy correction đ. Momentum oscillators sit near oversold levels, and order flow shows sellers dominating the bid side, so any bounce will need fresh institutional inflow to hold the midârange $0.01539 pivot.
If the market absorbs the sellâoff and reclaims the $0.01400 barrier, it could signal a bottoming process supported by a rebounding order block; otherwise, the downward trajectory may extend toward the $0.01180 low observed earlier đ.
Levels to monitor:
Watching support around $0.01230
Structure suggests resistance near $0.01539
Mid range area: $0.01450
DYOR
Follow for Updates
#1000000BOB #GENERAL_ALTCOIN #CryptoTrending #BinanceSquare