$AIA recently experienced a sharp decline with a volume surge, with a single-day drop exceeding 35%. Based on the position data, this is a typical sign of major players concentrating on offloading their holdings.
📊Technical analysis overview:
The current price action shows a resistance-free decline, with massive sell-offs combined with high open interest, indicating that market sentiment has shifted to clear panic. You will find that buy orders at key price levels are almost unable to effectively absorb the sell volume, resulting in weak rebounds.
💡Trading signal overview: 🎯Short-selling direction 🎯Entry range: 0.195 - 0.205 🛑Rigid stop-loss: 0.225 🚀First target: 0.165 🚀Second target: 0.135
There is a lack of clear support levels below, and the downward momentum continues to be released. Any rebound back into the supply zone (which is the current entry range) can be seen as an opportunity for bears to add to their positions. In the short term, the price still has room to move further down.
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AllInDaddy
· 10h ago
Damn, they cut me again. This crappy coin is really outrageous.
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StillBuyingTheDip
· 10h ago
Another coin that was harvested by the main players, 35% gone in a day. This is the so-called unstoppable decline.
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retroactive_airdrop
· 11h ago
With such obvious main force dumping, does anyone still dare to buy the dip? A 35% drop in one day, I really don't dare to act.
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BridgeJumper
· 11h ago
The main force is selling off so obviously, yet retail investors are still buying in. Truly, they are just self-aware leeks.
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GasFeeCrier
· 11h ago
35% decline... The main force's dump this time is really ruthless. I checked the holdings data and it does seem suspicious.
Another trap, how come I keep stepping on mines every time?
Is the 0.165 level reliable? It feels like the support is gone.
Can the bears continue this wave? It looks a bit uncertain to me.
$AIA recently experienced a sharp decline with a volume surge, with a single-day drop exceeding 35%. Based on the position data, this is a typical sign of major players concentrating on offloading their holdings.
📊Technical analysis overview:
The current price action shows a resistance-free decline, with massive sell-offs combined with high open interest, indicating that market sentiment has shifted to clear panic. You will find that buy orders at key price levels are almost unable to effectively absorb the sell volume, resulting in weak rebounds.
💡Trading signal overview:
🎯Short-selling direction
🎯Entry range: 0.195 - 0.205
🛑Rigid stop-loss: 0.225
🚀First target: 0.165
🚀Second target: 0.135
There is a lack of clear support levels below, and the downward momentum continues to be released. Any rebound back into the supply zone (which is the current entry range) can be seen as an opportunity for bears to add to their positions. In the short term, the price still has room to move further down.