Hot Coins Facing Downturn: $OG , $ELF , $CETUS , , #OM , and #PSG ..
The cryptocurrency market is witnessing significant pullbacks, and some of the hottest coins are bearing the brunt of it. OG leads the red wave with a sharp decline of -9.13%, trading at $5.62. This steep drop could signal a breakdown from a critical support level, potentially accelerating bearish momentum if the price fails to stabilize. Similarly, ELF has plunged -8.28%, now at $0.5718, testing its lower support. Should this zone be breached, the coin risks sliding toward previous lows, marking a crucial decision point for buyers and sellers alike.
CETUS, trading at $0.3441, has dropped -5.67%, entering a consolidation zone where volatility could erupt in either direction. OM is down by -5.59% at $3.56, teetering on a knife's edge, with its recent decline suggesting a potential test of its next support level. Finally, PSG, slipping -5.26% to $2.95, is approaching a key retracement zone, where the bulls need to step in to prevent further losses. These coins are in the spotlight, and the coming sessions are pivotal for traders looking for either breakout recoveries or potential downside opportunities. Keep an eye on these levels—anything can happen..