SAY GOOD $NIGHT TO FOMO
Price is down ~26% from the recent top, and the structure is still bearish.
What we see on the chart:
Clear lower highs & lower lows → downtrend intact
Price stays below MA7, MA25, and MA99 → sellers still control
MA25 & MA99 are acting as dynamic resistance, not support
Volume during the dump is high, but follow-up buying is weak
Recent candles show small bodies → selling pressure slowing, not reversing
Important level:
Current support zone: 0.074–0.075
This is a pause area, not yet a reversal zone
Momentum check:
Oscillator is recovering slightly → dead-cat bounce possible
But no strong bullish divergence yet
Trading takeaway (simple & honest)
❌ Not a buy just because it’s cheap
❌ Catching knives is not a strategy
✅ Only consider entries if:
Price reclaims MA25
Volume expands on green candles
Structure shifts from lower-low → higher-low
Until then, this is stabilization inside a downtrend, not a confirmed bottom.
Reminder:
Big drops don’t mean opportunity.
Structure does. Volume does. Confirmation does.
