Price just dropped from $28 to $23 — a quick liquidation grab of around half a million.
We witnessed a panic sell event. Traders panicked as continuous red candles appeared. The structure initially looked strong for continuation, but it fell apart. Still, the closing held above temporary support, and that’s the key point.
This is exactly why low caps are easily manipulated — you can’t trust them blindly.
What’s next? A quick recovery is likely, because this move traps retailers in short positions. Those stuck in shorts are the next targets and could get liquidated, especially with heavy funding fees in play.
Drop a “like” if you’re waiting for the perfect execution from the top 😉 $DASH $ZEC
If you miss $RIVER Long position Then stop regret Don't crying Now listen now $RIVER long is very risky so don't fall in trap 🪤 Now Open your short position $RIVER first coming 13$ then 5$&1