Massive Dump: Price fell from $0.050388 to $0.020125 — over 60% drop from the peak in a single session.
Strong Bearish Candles: Consecutive red candles with long bodies show heavy selling pressure.
Low Volume Now: The volume is decreasing, which suggests weak buyer interest at current price.
Moving Average (MA5): Price is below the 5-period MA, confirming short-term bearish momentum.
Possible Support: Slight bounce near $0.0154, this could act as temporary support.
🧠 Conclusion:
Current Trend: Strongly Bearish
Short-Term: Avoid buying now. It's still falling, and catching a falling knife is risky.
Wait For:
Bullish reversal candle.
Increased buying volume.
RSI/MACD confirmation (not visible here).
✅ Recommendation:
🔴 Avoid buying until trend stabilizes or shows clear signs of recovery. 🟡 Monitor support near $0.0154 for possible bounce trade. 🟢 Only consider buying if reversal is confirmed on shorter timeframe (15m or 1h) with strong volume. #MarketPullback #BTCvsETH #ListedCompaniesAltcoinTreasury #RedSeptember