Posts
avatar
badge

$P2P IS GETTING HIT — VALUE ZONE!


From 0.0000552 down to 0.0000461 — that's a 16% drop. The RSI is at 21, which is oversold territory. When RSI drops below 25, it's usually a sign that the selling pressure is overdone. The 4-hour chart shows a sharp decline with high volume, which often signals capitulation. This region has acted as support in the past, and support levels tend to hold until there's a significant shift in market structure. If buyers defend this level, we could see a move toward 0.0000480 and then 0.0000505. That would be a 10-15% bounce from current levels. The fact that the drop was so sharp and fast suggests that the selling pressure is likely exhausted. When you see a drop this big this fast, it's usually a sign that the market is getting oversold and a bounce is coming.

#BTC faces critical resistance #Meta to lease AI compute to Anthropic #Strategy delays Bitcoin buys #Clarity Act stalled in Senate

This content is for informational and educational purposes only. It may include third-party insights, sponsored content, or promotional material for which the creator may receive compensation. Nothing in this feed constitutes investment advice or a guarantee of returns. You are solely responsible for your own investment decisions. Always conduct your own research and exercise caution before trading. We do not guarantee the accuracy of third-party information and are not liable for any losses incurred. Past performance is not indicative of future results. Please refer to our Community Terms and Risk Disclosure Statement for details.

avatarPost your reply

Comment