Market Losers – Technical Overview
The market’s “Losers” list for the last 24 hours is led by $CYBER , which has seen the steepest decline of -12.59%, dropping to 2.972 (₨842.41). This sharp fall signals strong selling pressure, potentially from profit-taking after recent rallies or negative sentiment in the broader market. Traders should monitor for possible support around the 2.85–2.90 range, where a bounce could occur if buying interest returns.
Following CYBER, $SPK slipped -7.07% to 0.091452 (₨25.92), and EDU fell -5.28% to 0.1507 (₨42.71). Both assets are showing weakening momentum after earlier attempts to hold key levels, indicating bears currently dominate short-term price action. ASR also joined the downtrend with a -5.17% drop to 6.108 (₨1,731.31), suggesting a possible retest of its recent support zone before buyers can regain control.
Lastly, $PROVE recorded a moderate -4.28% decline to 1.4573 (₨413.07). While this drop is smaller compared to CYBER or SPK, it still reflects cautious market sentiment. Short-term traders should remain vigilant for reversal signals, as oversold conditions could trigger quick rebounds in any of these assets. However, until strong buying volumes reappear, the overall trend across these coins remains bearish in the immediate term.
