$CSCO USDT is under pressure right now, and sellers are clearly controlling the short-term momentum.
After reaching highs near 123, the market slowly started losing strength and continued sliding lower. The price is now trading around 116.23, very close to the daily low area.
What stands out on this chart is the steady downward movement. Instead of one massive crash, the market is showing continuous selling candle after candle. That usually reflects weak confidence from buyers and growing caution among traders.
Even with the drop, volume remains strong with more than 2.65M USDT traded. That means traders are still highly active and watching this level closely.
Right now, the 116 zone has become extremely important.
If buyers defend it, the market could attempt a recovery bounce.
But if this support breaks, more downside pressure could appear quickly.
The market mood feels nervous at the moment.
Bulls are trying to slow the fall.
Bears are still pushing for control.
Sometimes the quiet candles after a drop are the most dangerous because they often come before another sharp move. Traders are now waiting for confirmation before making their next big decision.
THORChainHackCauses$10.7MLoss#VitalikMovesETHviaPrivacyPools #DuneCuts25%AmidAIEfficiencyPush #TrumpDisclosesTradesIncludingMARAStock #TrumpDisclosesTradesIncludingMARAStock #NakamotoQ1Revenue500PercentGrowth