
$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
