$ARIA Was Wiped Out in a Single Candle!
The uptrend on the chart has been broken, and the price has plummeted all the way down to the 0.11 range. As mentioned above, a drop of approximately -85% in 24 hours is a classic “liquidity hunt” scenario.
Support: 0.11 → 0.09
Lower support: 0.07 – 0.06
First resistance above: 0.15 → 0.19
After a drop like this, I don’t expect it to “bounce back immediately.”
Do you see this move as a bottom-fishing opportunity, or is the game still on?
The uptrend on the chart has been broken, and the price has plummeted all the way down to the 0.11 range. As mentioned above, a drop of approximately -85% in 24 hours is a classic “liquidity hunt” scenario.
Support: 0.11 → 0.09
Lower support: 0.07 – 0.06
First resistance above: 0.15 → 0.19
After a drop like this, I don’t expect it to “bounce back immediately.”
Do you see this move as a bottom-fishing opportunity, or is the game still on?