โ ๏ธ $DN (DeepNode) just went through a brutal reset ๐๐ฅ
DN is currently trading around $0.346, down nearly 76%, after a sharp collapse from the $1.48 region ๐ 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 ๐ป
The massive sell off pushed price all the way down to $0.121, followed by a quick rebound, indicating panic selling may be exhausted ๐ง
What matters now is the reaction after the crash
โข Long red candles stopped
โข Small green candles forming
โข Price attempting to stabilize above the lows ๐
Volume spiked heavily during the dump and is now cooling down, which often signals capitulation rather than continuation ๐
๐ On chain snapshot
โข Market cap around $7.8M ๐ฐ
โข Liquidity near $676K ๐
โข Holders above 35K ๐ฅ
๐ Levels to watch
โข Support zone $0.28 to $0.32 ๐ข
โข Resistance zone $0.45 to $0.65 ๐ด
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 ๐
Right now this is about survival and stabilization, not hype.
Only for traders who understand volatility ๐ฏ
#DN #DeepNode #CryptoUpdate #AltcoinRisk #BinanceSquare ๐๐ฅ