$MDT and $GUN are moving almost identically.
-28.4% and -28.3%.
That’s not random panic… that’s synchronized unloading.
Now look closer.
MDT sitting around 0.0047 (~₹1.3)
GUN barely holding above ₹5
These aren’t just dips they’re already scraping the floor 🗑️
And then there’s $FIO …somehow even weaker.
Down ~23%, trading under ₹0.40.
At that level, losing another quarter of value isn’t volatility… it’s erosion.
Also notice no “Perp” tags here.
This isn’t forced liquidations clearing the book.
This is spot holders exiting.
Slow, deliberate distribution into whoever’s still trying to catch a bounce.
Feels less like a correction… more like the aftershock of a coordinated pump.
The move up already happened.
The liquidity is leaving.
Now you’re staring at that deep red block on MDT…
and realizing
if one more large seller hits market,
there’s barely anything underneath to hold it.
