$$TRIA Plunged 19.62% in 24 hours, trading volume 6.4M but is the price about to crash? Bro who chased the high at 0.0276 last night is now green in the face.



Bearish reasons: 1. Breaking down with consecutive large bearish candlesticks, the low of 0.0214 is in sight, bears are fully in control 2. Weak rebounds, volume shrinking as it drops, indicating bottom-fishing funds are retreating, fewer bag holders 3. The 0.022 level was previously support but now turned into resistance, a technical cliff.

Bullish reasons: 1. Extremely high 24-hour turnover rate suggests large funds are trading back and forth at low levels, possibly a wash-out 2. The area around 0.0214 is a historical high-volume zone, which could provide strong support for a bounce 3. Extreme panic is often followed by violent retaliatory rallies, betting on emotional reversal.

Personal trading suggestion: Set stop-loss at 0.0208; must exit if broken. For those wanting to gamble on a bounce, try a light position near 0.0215, take profit at 0.024. Keep position under 20%, don't fight the trend.

Like if you think it will go up, comment 2 if you think it will crash.
TRIA-12.19%
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