☹️ $PDA : Panic Selling Opens Doors
The current price of PDA is 0.01034, reflecting a sharp decline of 19.34%. The 24-hour high is 0.01305, while the 24-hour low is 0.00930. This significant drop aligns with the announcement of PDA's delisting from Binance, scheduled for May 2, 2025, at 10:00 UTC+7.
1. Price Movement: The price has fallen below key support levels, indicating strong selling pressure.
2. Volume Surge: The 24-hour trading volume for PDA is 264.51 million, suggesting heightened activity as traders react to the delisting news.
3. Bearish Indicators: The price is below all major moving averages, confirming a bearish trend.
The delisting announcement has triggered panic selling, leading to increased volatility and a steep price decline. Traders are likely exiting their positions to mitigate risks associated with reduced liquidity post-delisting.