$PARTI /USDT WEAK TREND – SHORT-TERM REBOUND POSSIBLE
PARTI has declined sharply from recent highs. The price dropped from $0.2316 to a low of $0.1723 and is now trading around $0.1747, down ‑13.73% in the last 24 hours. While the trend remains bearish, short-term buyers are watching for a potential bounce near current support.
Current Market Data:
Price: $0.1747
24h High: $0.2054
24h Low: $0.1723
24h Volume: 34.44M PARTI / 6.29M USDT
Chart View:
The 4‑hour chart shows strong downside candles breaching the Bollinger Middle Band.
Price is hugging the Lower Bollinger Band, typically signaling oversold conditions.
The steep decline from the $0.2316 peak was accompanied by high volume, now gradually stabilizing.
Bollinger Bands (20,2):
Upper Band (UP): $0.2226
Middle Band (MB): $0.1970
Lower Band (DN): $0.1715
The price is currently consolidating just above the Lower Band, a potential signal for a relief bounce if volume supports the move.
Volume Overview:
Volume has increased gradually over the past sessions following the steep dump, showing possible interest at discounted levels.
Key Zones:
Support: $0.1720 – $0.1690
Resistance: $0.1970 → $0.2100
A recovery above the $0.1850–$0.1900 area could attract buyers targeting the $0.2100 zone. However, failure to hold $0.1720 may lead to further downside.
Extra Insight:
PARTI dropped from $0.2316 to $0.1747. This presents a high-risk, high-reward opportunity. A bounce is likely toward $0.1970–$0.2050 if buyers step in.
Buy now and sell on the next expected raise? Possibly — if $0.1720 holds, next technical bounce range is $0.1970–$0.2050 within the coming sessions, depending on BTC stability.
Buy and Trade here on $PARTI – DYOR