After a spike to $0.0013293, price faced heavy rejection and has been printing lower highs and lower lows. Currently trading below all key short-term moving averages โ momentum favors sellers.
โ ๏ธ Key Levels to Watch: ๐ป Support: $0.0012100 โ breakdown could extend the downside ๐บ Resistance: $0.0012350 โ $0.0012480 โ bulls must reclaim to stabilize
Volume is high, volatility active, and structure weak in the short term. Until price reclaims the MAs, rallies may face selling pressure.
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๐จ๐ $PTB /USDT Sliding Lower โ Bears in Control ๐๐จ
๐ฐ Current Price: $0.0012211
๐ 24H Change: -3.42%
๐ 24H High: $0.0013293
๐ 24H Low: $0.0012102
๐ 24H Volume: 986.13M PTB
๐ต 24H Turnover: $1.26M
On the 15-minute chart, the trend remains clearly bearish.
๐ MA(5): 0.0012298
๐ MA(10): 0.0012349
๐ MA(30): 0.0012481
After a spike to $0.0013293, price faced heavy rejection and has been printing lower highs and lower lows. Currently trading below all key short-term moving averages โ momentum favors sellers.
โ ๏ธ Key Levels to Watch:
๐ป Support: $0.0012100 โ breakdown could extend the downside
๐บ Resistance: $0.0012350 โ $0.0012480 โ bulls must reclaim to stabilize
Volume is high, volatility active, and structure weak in the short term. Until price reclaims the MAs, rallies may face selling pressure.
Critical zone here โ bounce or continuation lower? ๐$PTB โ#CryptoMarketRebounds #CryptoRelatedStocksRallyBroadly