đ $NB (Nubila Network) Under Heavy Selling Pressure
$NB has dropped nearly 39%, with the chart showing a clear short-term downtrend. Price is trading near $0.00135, while RSI has fallen to extremely oversold levels around 17, suggesting sellers may be exhausted.
đ Key observations:
âą Strong bearish momentum remains intact
âą Volume is declining during the selloff
âą RSI is deeply oversold, increasing the chance of a relief bounce
âą Current area is approaching an important support zone
đŻ Potential levels to watch:
âĄïž Support: $0.00125 â $0.00135
âĄïž Bounce target: $0.00170
âĄïž Strong resistance: $0.00200 â $0.00220
â ïž Trend is still bearish until buyers reclaim higher levels. Oversold conditions can trigger a sharp rebound, but confirmation through volume and higher highs is needed before turning bullish.
#NB #NubilaNetwork #Altcoins #DYOR #MarketUpdate đđ
$NB has dropped nearly 39%, with the chart showing a clear short-term downtrend. Price is trading near $0.00135, while RSI has fallen to extremely oversold levels around 17, suggesting sellers may be exhausted.
đ Key observations:
âą Strong bearish momentum remains intact
âą Volume is declining during the selloff
âą RSI is deeply oversold, increasing the chance of a relief bounce
âą Current area is approaching an important support zone
đŻ Potential levels to watch:
âĄïž Support: $0.00125 â $0.00135
âĄïž Bounce target: $0.00170
âĄïž Strong resistance: $0.00200 â $0.00220
â ïž Trend is still bearish until buyers reclaim higher levels. Oversold conditions can trigger a sharp rebound, but confirmation through volume and higher highs is needed before turning bullish.
#NB #NubilaNetwork #Altcoins #DYOR #MarketUpdate đđ
