đš Technical Analysis on Hot Coins Facing Downward Pressure
:$ #WING/BTC , $TURBO , $OXT , $TROY , and #FORTH đš
The crypto market is currently witnessing some significant downward movement, with several key coins taking a hit. Leading the pack, WING/USDT has dropped by 14.44%, now trading at $5.62. This steep decline suggests strong selling pressure, and if support fails around $5.50, further dips could occur. However, if buyers step in, resistance at $6.00 might become a potential reversal zone.
TURBO/USDT has also seen a sharp decline of 12.38%, bringing its price down to $0.006669. Similarly, OXT/USDT is down by 12.17%, trading at $0.0700. Both coins are experiencing heavy downward momentum, and if support levels fail to hold, further declines may follow. TROY/USDT and OXT/BTC are experiencing losses of 10.47% and 10.16%, respectively, indicating a broader market sell-off in these tokens. Watch for support levels around $0.001488 for TROY, which may act as a key level for any potential bounce.
Finally, FORTH/USDT is down 9.23%, trading at $2.97. This level represents a key psychological barrier, and a failure to hold above $2.90 could see further downward movement. On the flip side, if it can recover, resistance around $3.10 will be critical to break through. Traders should exercise caution and watch for volume trends to signal any potential reversals in this bearish market.
see down trend.....
