🔻 $A2Z Plunges: Capitulation or Further Downside?
Snapshot
Price: $0.004844
24h Change: -18.85%
Sentiment: Panic Selling
RSI: Oversold — potential for technical bounce
Volume: Elevated on sell-off — possible whale exit or stop-loss triggers
Market Overview
Arena-Z faces heavy intraday losses with a sharp 20% drop. The surge in sell volume suggests potential capitulation. Traders are watching for signs of stabilization before any recovery attempt.
Key Levels
Support Zone: $0.00420–$0.00460
Reversal Watch: $0.00470–$0.00485 (entry only on structure confirmation)
Critical Stop: Below $0.00415
Resistance on Rebound
TP1: $0.00525
TP2: $0.00560
TP3: $0.00610 (if trend reversal holds)
Strategy
Focus on potential “oversold reaction play.” Entry only with tight risk controls and confirmed structure. Avoid emotional trading.
Confidence: Low-Medium
Trade Style: High-risk bounce setup
