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Michael 897
This volatile coin smashed down from 1697, dropping 450 points, without even a decent rebound in between, completely crushing all the “I think it’s bottomed out” hopes. I scanned the order book, there are sparse buy orders around 1240-1250, but very scattered; sell orders are stacked up, volume is low, price just can’t rise, bulls have completely lost their edge. The next support below is 1200-1220; if that breaks, we’re looking at 1150 or even 1100.
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