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0.1168 gets broken means hell. For DIA at 0.1190, I’ll say it outright: it must break the previous low tonight!
In the past 24 hours, it’s down 30.65%, and trading volume has surged to $45.6 million. A volume-expanding crash isn’t something you can play around with. From 0.1730 to 0.1168, this drop has basically buried the short-term dip-buying support. Right now at 0.1190, there’s simply no decent support below— the prior 0.12 token range has turned into resistance. Whoever buys is the fool. I checked on-chain data: DIA’s large-holder positions have dropped 12% over the past 6 hours, clearly offloading and running. On the exchange’s order book, the buy-side depth for one level is only a bit over $7,000, while the sell-side stacks up to $32k. This kind of trash order book—just a little selling pressure is enough to smash another 10%.
Trading advice: don’t try to guess the bottom in a bearish trend. Around 0.1190, you can lightly short; set the stop-loss at 0.1250, and the target is directly 0.1050. If it breaks 0.1168, add to the short; psychologically, 0.10 is the line in the sand. Don’t touch it on the long side—catching a falling knife is basically handing money to the market maker. Keep position size within 5% of total capital. Don’t bet your life.
I’m Lao K, I only trade logic, I don’t hype tickets. I’m backing this prediction with a $3,000 live-play bet—before 8 tonight, DIA will reach 0.1120. If you think I’m wrong, screenshot it; come slap me in the face tomorrow.