PTB SINKS THROUGH KEY SUPPORT 🚨📉
After tearing through the 4‑hour order block at $0.00107, $PTB ripped down through the $0.00101 pivot, slashing 21 % in 24 hours 🚨. Volume surged past $120 M, yet the flow was dominated by aggressive sells, indicating a pure liquidity grab rather than accumulation ⚡. Momentum accelerators on the 15‑minute chart flipped negative, with MACD crossing below zero and RSI diving under 30, confirming bearish pressure 🛑.
The price now hovers just above the $0.000976 support zone, testing the last defensive layer before a potential structural breakdown 📉. If buyers cannot hold this floor, the next cluster around $0.00094 could act as a secondary sink, while the mid‑range $0.001139 remains a distant target. Conversely, a clean hold above $0.000976 could set up a bounce toward the $0.001301 resistance, though the broader market trend remains bullish and may limit the depth of the correction. Traders should watch order flow for any reversal spikes as the market digests the sell‑off 🧐.
Levels to monitor:
Watching support around $0.000976
Structure suggests resistance near $0.001301
Mid range area: $0.001139
DYOR
Follow for Updates
#PTB #GENERAL_ALTCOIN #CryptoTrending #BinanceSquare
After tearing through the 4‑hour order block at $0.00107, $PTB ripped down through the $0.00101 pivot, slashing 21 % in 24 hours 🚨. Volume surged past $120 M, yet the flow was dominated by aggressive sells, indicating a pure liquidity grab rather than accumulation ⚡. Momentum accelerators on the 15‑minute chart flipped negative, with MACD crossing below zero and RSI diving under 30, confirming bearish pressure 🛑.
The price now hovers just above the $0.000976 support zone, testing the last defensive layer before a potential structural breakdown 📉. If buyers cannot hold this floor, the next cluster around $0.00094 could act as a secondary sink, while the mid‑range $0.001139 remains a distant target. Conversely, a clean hold above $0.000976 could set up a bounce toward the $0.001301 resistance, though the broader market trend remains bullish and may limit the depth of the correction. Traders should watch order flow for any reversal spikes as the market digests the sell‑off 🧐.
Levels to monitor:
Watching support around $0.000976
Structure suggests resistance near $0.001301
Mid range area: $0.001139
DYOR
Follow for Updates
#PTB #GENERAL_ALTCOIN #CryptoTrending #BinanceSquare