$CREAM /USDT – Emergency Breakdown: -53.47% Crash Hits $1.63 Low!
Massive sell-off hit $CREAM as it collapsed from $4.37 to a low of $1.63, now hovering around $1.81. This brutal red candle shows panic selling and extreme volatility.
Key Details:
24h High: $4.37
24h Low: $1.63
Current Price Drop: -53.47%
24h Volume: 1.75M USDT
What Likely Happened?
Sudden liquidity flush, possible exit event or exploit
Whale dumping or protocol failure could be in play
No buying support after major breakdown from the $4 zone
Confidence Breakdown:
No bounce seen yet – weak candle body at the low end
Market sentiment shaken, traders stepping back
Monitoring tag from Binance suggests uncertainty
Outlook:
Short-Term: High risk, potential dead cat bounce
Mid-Term: Needs reclaim above $3.00 to show recovery
Sentiment: Severely bearish unless a reversal pattern forms
Final Note:
Avoid rushing in – only experienced risk-tolerant traders should watch for scalps. $1.29 is the next psychological support if breakdown continues.
Trade here on $CREAM
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