📉 Market Update: Today's Top Losers on Binance
The market is seeing some significant pullbacks today as capital rotates out of certain mid-cap and utility tokens. While the majors like $BTC and $BNB are holding relatively steady, these assets are facing steep corrections.
Here are the top decliners currently making waves on the board:
Ticker Asset Name 24H Change Price
$CHESS Tranchess 66.71% 0.009204
$DF dForce 26.29% 0.003556
$GHST Aavegotchi 17.51% 0.077233
$NKN NKN 18.30% 0.005303
$DATA Streamr 15.48% 0.001856
🔍 Market Insight:
Tranchess ($CHESS) is leading the decline with a massive 66% drop. Watch for extreme volatility as it searches for a new floor.
Momentum Shift: Many of these tokens are hitting "Oversold" territory on the 4H charts. While the trend is bearish, aggressive traders often look for a "Dead Cat Bounce" at these levels.
Volume Check: High selling volume suggests institutional distribution. Always wait for a clear reversal pattern before attempting to "catch the falling knife."
💡 Trading Tip: Keep a close eye on the RSI. When an asset drops this quickly, a technical relief rally is common, but 0.088 remains a key resistance level for broader market sentiment today.
Would you like me to analyze the support levels for CHESS or any other specific coin from this list?