$TROY just dumped 23% in 24h and the bleeding hasn't stopped.
RSI sitting at 21 on the 4h. Textbook oversold. But here's the thing , volume is dead. We're at 0.1x the 20-day average. Nobody's buying this dip yet.
The 4h window? Down 48%. 🩸
Price is sitting 95% off the 30-day high and we're still below both the 20 and 50-day moving averages. Classic bear stack. No structural support here.
Funding rate is flat at 0.00%, so longs aren't getting squeezed out yet. That's either a bounce setup or more room to bleed.
Volume needs to show up before this means anything. Right now it's just price discovery with no buyers stepping in.
If you're watching this , where do you think the actual floor is? 👀
#TROY #Altcoin