$UFT /USDT – Massive Breakdown: -47.86% Collapse to $0.0216!
UFT plunges nearly -48% in a single session, crashing to $0.0216 before a slight bounce to $0.0231, marking extreme volatility and heavy sell pressure.
24H Overview:
High: $0.0455
Low: $0.0216
Volume: 1.30M USDT
Key Levels:
Resistance: $0.0455
Support: $0.0216
Breakdown Zone: $0.053
What Likely Happened?
Heavy dumping or system issue
Monitoring tag suggests heightened risk
Breakdown follows a long downtrend without meaningful retracements
Outlook:
Short-Term: Risky territory, watch for a technical bounce
Mid-Term: Needs to reclaim $0.045+ for any real reversal structure
Sentiment: Highly bearish
Final Note:
Avoid chasing falling knives. Let market stabilize before considering any recovery plays. Only scalp if bounce setups align with volume.
Trade here on $UFT
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