⚠️ $DN (DeepNode) just went through a brutal reset 👀🔥
DN is currently trading around $0.346, down nearly 76%, after a sharp collapse from the $1.48 region 📉 This was a high volatility move that completely flushed leveraged and late buyers.
On the 1H chart, price is still below MA 7, MA 25, and MA 99, which clearly shows bearish dominance 🐻
The massive sell off pushed price all the way down to $0.121, followed by a quick rebound, indicating panic selling may be exhausted 🧠
What matters now is the reaction after the crash
• Long red candles stopped
• Small green candles forming
• Price attempting to stabilize above the lows 📊
Volume spiked heavily during the dump and is now cooling down, which often signals capitulation rather than continuation 🔄
📊 On chain snapshot
• Market cap around $7.8M 💰
• Liquidity near $676K 🌊
• Holders above 35K 👥
🔍 Levels to watch
• Support zone $0.28 to $0.32 🟢
• Resistance zone $0.45 to $0.65 🔴
This is still a high risk zone. Any recovery needs time and structure. A reclaim of short term moving averages would be the first sign of real strength 📈
Right now this is about survival and stabilization, not hype.
Only for traders who understand volatility 🎯
#DN #DeepNode #CryptoUpdate #AltcoinRisk #BinanceSquare 📉🔥