The price dropped from above 1.70… straight down to 0.59. That’s not an ordinary decline. That’s a panic sell-off. When the price drops this quickly, it means: • Large holders are exiting • Liquidation is happening • Buyers are disappearing Currently, the price is around 0.55–0.60, trying to slow the decline. If this area holds → small chance of a rebound. If it breaks below → further decline. This is risky right now. There’s no clear reversal yet. What’s the best move? Wait. Let it stop falling. Let it build a base. Trying to buy while the price is still dropping sharply is very dangerous.
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$POWER Massive crash....
The price dropped from above 1.70… straight down to 0.59.
That’s not an ordinary decline.
That’s a panic sell-off.
When the price drops this quickly, it means: • Large holders are exiting
• Liquidation is happening
• Buyers are disappearing
Currently, the price is around 0.55–0.60, trying to slow the decline.
If this area holds → small chance of a rebound.
If it breaks below → further decline.
This is risky right now.
There’s no clear reversal yet.
What’s the best move?
Wait.
Let it stop falling.
Let it build a base.
Trying to buy while the price is still dropping sharply is very dangerous.