$AXS bleeding -4.6% today but the real story is the silent capitulation.
→ Price hugging the lower Bollinger Band like a lost puppy → Volume drying up exactly like the 2022 bear lows → MAs in full death-cross mode: 7 > 25 > 99 all sloping down hard → 24h low 1.004 tested twice — next real support isn’t until ~0.85–0.90 zone
This isn’t panic selling anymore… it’s exhaustion selling. When the weak hands are finally done, the next 20-30% move tends to be violent in the opposite direction.
Watching 1.004 like a hawk. Break & close below = free-fall to 0.90 Rejection + volume spike = short squeeze potential back to 1.13–1.20
Gaming sector dead for now, but dead cats bounce the hardest ⚰️🐱
- Clear downtrend since 0.0162 peak - All MAs (7/25/99) sloping down, price below every one - Volume fading hard after initial dump spike - Sitting on 24h low 0.01440 with no real support until ~0.013
Bears fully in control. Weak hands still bleeding. Next leg likely lower unless volume explodes with a reversal candle.
$PIVX -12% in hours, now -56% in 30d. Broke all MAs, volume spike on dump, sitting on 0.1488 last line. Either dead-cat bounce or rug to 0.10x. Privacy coins cooked. 🪦
$KAITO bleeding hard: -10% today, -26% in a week, -61% from the highs.
Chart looks brutally clean though: - Lost the multi-month uptrend - Reclaimed 0.64 as resistance - Volume drying up on the bounce attempts - All MAs pointing down, death cross completed
This is textbook distribution into weakness. Either we see capitulation soon or it grinds everyone to dust slowly.
Not financial advice, but this doesn't scream "buy the dip" to me yet. 🩸📉
$CKB | USDT showing controlled buying after dipping to support at 0.00253, now consolidating above key MAs with upward momentum on rising volume. Breakout risk to the upside if it clears 0.00278 resistance, signaling potential trend reversal from recent downtrend.
$LUNC has broken out from extended consolidation below 0.000004, posting a clean 71% surge on controlled buying and spiking volume. Momentum remains strong with price above key MAs, but watch for resistance at the 24h high—breakout risk to the upside if support holds.