📉 BB/USDT Price Crash – What’s Going On?
🟣 Current Price: $0.1029
🔻 24h Drop: –10.05%
📉 Weekly High: $0.5842
📉 Current Weekly Loss: Over –80% from peak!
🔍 Key Observations from the Chart:
Huge Dump from Peak:
Price collapsed from $0.5842 to $0.1029 — that's an 82%+ crash.
Oversold Indicators:
RSI (6): 35.8 → Nearing oversold levels
Wm %R (14): –82.25 → Deeply oversold, strong bearish sentiment
Volume Spike:
24h Vol (BB): 22.16M — Suggests major sell-off or panic exits
❗ Possible Reasons for the Megadrop:
Pump & Dump Pattern:
Typical of low-cap or meme coins — rapid hype followed by a dump.
No Strong Support Zones:
After breaking support near $0.16, price is free-falling toward historical lows.
Low Buyer Confidence:
Indicators and candle structure suggest bulls are hesitant, and momentum is gone.
No News or Fundamentals:
If the coin has no active development or utility news, sentiment dries fast.
🧠 What You Can Do:
Avoid Catching the Falling Knife — Let the coin form a base before considering entry.
Wait for RSI to Stabilize above 40 and reversal volume to increase.
Check Community/Dev Activity on X, Discord, Telegram before trusting recovery.