💀 This is beyond a correction — it's a total wipeout. Down 97% from the highs.
What looked like a solid accumulation zone? Crushed.
Stop-loss hunters had a feast — anyone still holding got flushed out.
Now the price is trapped below the former floor — a channel under the channel, the basement of the market. Below that? A void. A drop into the unknown. Yes, there's a theoretical chance of a complete collapse or even a rug pull — unlikely, but your risk management must account for it.
🧠 But here’s what’s more realistic:
This is often the exact kind of setup where a silent reversal brews.
Fear at extremes. Liquidity dried up. Everyone gave up.
First target — a bounce to the midline of the old accumulation zone. ( 0.31-0.34)
What looked like a solid accumulation zone? Crushed.
Stop-loss hunters had a feast — anyone still holding got flushed out.
Now the price is trapped below the former floor — a channel under the channel, the basement of the market. Below that? A void. A drop into the unknown. Yes, there's a theoretical chance of a complete collapse or even a rug pull — unlikely, but your risk management must account for it.
🧠 But here’s what’s more realistic:
This is often the exact kind of setup where a silent reversal brews.
Fear at extremes. Liquidity dried up. Everyone gave up.
First target — a bounce to the midline of the old accumulation zone. ( 0.31-0.34)
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Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.