Hot Losers Today: $USUAL , $ME , $SUSHI , #FTT , #ACX , #ZEC
The crypto market has taken a dramatic turn, with some notable coins showing significant losses over the past 24 hours. Topping the list, USUAL suffered a steep decline of 19.20%, plunging to 0.6722, signaling heightened bearish sentiment and potential panic among traders. Similarly, ME saw a 17.87% drop, closing at 4.250, which could indicate a critical support level under threat. Meanwhile, SUSHI declined by 14.34%, hitting 2.246, reflecting growing selling pressure after a lackluster recovery effort. FTT also faced notable losses, shedding 13.25% to land at 2.8931, as questions about its stability remain unresolved. Furthermore, ACX slipped by 11.98% to 0.7887, while ZEC rounds off the losers with an 11.25% drop to 59.25, hinting at potential capitulation zones.
This downward spiral in these coins has created a high-volatility environment, urging traders to closely monitor critical technical levels. For USUAL and ME, key support zones must hold to avoid further sell-offs, while SUSHI and FTT face increasing pressure at resistance levels that could define their next moves. For ACX and ZEC, the current price action might attract bargain hunters, but caution remains essential as the overall market sentiment leans bearish. As these assets test crucial thresholds, a reversal could trigger significant recoveries, making it vital for traders to stay sharp and adjust strategies accordingly.