24h Change: −32.7%
State: Sharp sell-off after distribution
Liquidity: Thin → volatility spikes likely
This is capitulation-type movement, not a healthy trend.
Trend & Structure
Short-term trend: Strongly bearish
Structure: Breakdown from range → acceleration down
Momentum: Sellers dominant; buyers absent on bounces
Large bearish candles with weak lower-wick defense indicate panic selling.
Key Support Levels
Immediate Support: 0.0200 – 0.0195
Major Support: 0.0180 (last visible demand zone)
If 0.020 fails, price can quickly flush to 0.018.
Key Resistance Levels
Near Resistance: 0.0235 – 0.0240
Major Resistance: 0.0260 (previous breakdown level)
Any move up into resistance without volume is likely a dead-cat bounce.
Bearish Scenario (More Probable)
Rejection below 0.024
Weak volume on green candles
Breakdown below 0.020
➡️ Continuation toward 0.018 or lower.
Bullish Relief Scenario (Only if…)
Strong reclaim and hold above 0.024
Volume expansion on green candles
Higher low on 15m–1h
➡️ Relief bounce toward 0.026, but trend remains bearish unless structure flips.
Trading Bias
Bias: Bearish
⚠️ High risk for longs
Short-term trades only; no trend confirmation yet
This coin needs time + base building before it becomes attractive again. #sent #P2PScam #P2P #BinanceSquareTalks 
