INX DROPS 28.05% IN 24 HOURS 📉💸
The price of $INX is experiencing a significant decline, driven by a substantial increase in selling pressure, with its price dropping by 28.05% in the last 24 hours, reaching a low of $0.007312 📊. This move is characterized by a loss of investor confidence, which is being reflected in its trading volume, reaching $98.17M, a relatively high figure compared to its recent lows 🚨.
The key support level of ~$0.007349 is being tested, and a breach of this level could lead to further downside, potentially targeting the lower end of the support zone 📉. The current price action suggests a healthy correction, but a breakdown of the support zone could indicate a structural breakdown, leading to a more significant decline 💸.
Levels to monitor:
Watching support around $0.007349
Structure suggests resistance near $0.01350
Mid range area: $0.01044
DYOR
Follow for Updates
#INX #GENERAL_ALTCOIN #CryptoTrending #BinanceSquare
The price of $INX is experiencing a significant decline, driven by a substantial increase in selling pressure, with its price dropping by 28.05% in the last 24 hours, reaching a low of $0.007312 📊. This move is characterized by a loss of investor confidence, which is being reflected in its trading volume, reaching $98.17M, a relatively high figure compared to its recent lows 🚨.
The key support level of ~$0.007349 is being tested, and a breach of this level could lead to further downside, potentially targeting the lower end of the support zone 📉. The current price action suggests a healthy correction, but a breakdown of the support zone could indicate a structural breakdown, leading to a more significant decline 💸.
Levels to monitor:
Watching support around $0.007349
Structure suggests resistance near $0.01350
Mid range area: $0.01044
DYOR
Follow for Updates
#INX #GENERAL_ALTCOIN #CryptoTrending #BinanceSquare