drops to after a Chinese tech firm — reportedly tied to TikTok stakeholders — invests M, grabbing 11% of its market cap.
While some saw confidence, others hit sell.
Why?
Regulatory fears, foreign influence, & political tension.
Volume spiked past 11M, but price stuck in range.
Holding support could trigger bounce to
Lose it? is next.
With U.S. lawmakers eyeing Trump-aligned tokens, expect volatility ahead