PTB SMASHES THROUGH MID‑RANGE ORDER BLOCK 📉⚠️
The 4‑hour chart punched through the $0.001111 mid‑range order block, slashing $PTB 18.7% in the last 24 hours 📉 Volume spiked to $34.3 M, outpacing the typical daily average and confirming aggressive selling pressure 🚨 Momentum oscillators have dived, with RSI sinking into the low‑20s and the MACD histogram turning sharply negative, indicating accelerating downside bias.
The breach also erased the $0.000938 support cluster, now testing a new floor near $0.000925 while the $0.001282 resistance looms as the next barrier 📊 Given the thin order flow above the broken support and the lack of buying absorption, the move resembles a structural breakdown rather than a routine correction ⚠️ A bounce would require a clear retest of the $0.000938 zone and a reversal in momentum, otherwise the price could chase the $0.000850 low observed earlier in the session.
Levels to monitor:
Watching support around $0.000925
Structure suggests resistance near $0.001282
Mid range area: $0.001111
DYOR
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#PTB #GENERAL_ALTCOIN #CryptoTrending #BinanceSquare
The 4‑hour chart punched through the $0.001111 mid‑range order block, slashing $PTB 18.7% in the last 24 hours 📉 Volume spiked to $34.3 M, outpacing the typical daily average and confirming aggressive selling pressure 🚨 Momentum oscillators have dived, with RSI sinking into the low‑20s and the MACD histogram turning sharply negative, indicating accelerating downside bias.
The breach also erased the $0.000938 support cluster, now testing a new floor near $0.000925 while the $0.001282 resistance looms as the next barrier 📊 Given the thin order flow above the broken support and the lack of buying absorption, the move resembles a structural breakdown rather than a routine correction ⚠️ A bounce would require a clear retest of the $0.000938 zone and a reversal in momentum, otherwise the price could chase the $0.000850 low observed earlier in the session.
Levels to monitor:
Watching support around $0.000925
Structure suggests resistance near $0.001282
Mid range area: $0.001111
DYOR
Follow for Updates
#PTB #GENERAL_ALTCOIN #CryptoTrending #BinanceSquare