$LAVA USDT Plunges Below Critical Support
Price now at 0.2886, down 8.87% (Rs80.8).
Key Levels:
· Current: 0.2886
· 24h High: 0.3268
· 24h Low: 0.2824 (testing)
· Critical SUPERTREND (10,3) line: 0.2907 (price is below it, indicating bearish momentum)
The Breakdown:
Price has broken below the Supertrend indicator at 0.2907 and is now testing the 24-hour low of 0.2824.A confirmed break below this level could trigger a sharper decline.
Volume:
Significant selling pressure with 24h volume at 3.05M LAV(over $925k USDT). The high volume on the drop confirms bearish strength.
Outlook:
The infrastructure token is under heavy selling pressure.The next major support is at the day's low of 0.2824. Holding above is crucial; failure could see a rapid move toward 0.2750 or lower. All short-term momentum is bearish.
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