1. Overview of the trend
• Current price: $0.7202.
• 24h drop: -88.50%
• Highest price in 24h: $6.35.
• Lowest price in 24h: $0.37.
=> This is a very strong dump, with a 'waterfall' pattern and a sudden spike in liquidity, indicating a potential panic sell or large liquidation event.
⸻
2. Trading volume (Volume)
• Volume peaked after the price hit the bottom ($0.37), then gradually decreased.
• => This indicates there is buying pressure, but no signs of a strong return of capital yet.