
I’m keeping $PTB on my watchlist because this chart tells an interesting story. 👀
After a sharp move down, price is hovering around 0.0005013, struggling to show a clear direction on the 15-minute chart. The bounce from the 0.0004690 low caught my eye, but the bigger picture is still weak, with the token down across multiple timeframes.
I also noticed the order book showing 91.7% bids, but I wouldn’t treat that number as a guarantee of a rebound—orders can change quickly, and price action still needs to confirm the demand.
For me, 0.00050 is the area to watch, with nearby resistance around 0.00052.
I’d rather wait for real buying strength than mistake a brief pause in a downtrend for a reversal. 📉