Technical Analysis Report: $CETUS , $COW , $TRB , #MASK , #OG , #OAX – Market Under Pressure
CETUS/USDT is leading the list of losers with a sharp decline of 6.94%, trading at 0.3755. This drop indicates significant selling pressure, suggesting that market sentiment is bearish. Traders should watch for any signs of stabilization near support levels, as further declines could open up opportunities for short entries, while a potential rebound may present a chance for cautious buying.
COW/USDT follows closely with a 5.54% drop, now priced at 0.4859. The coin is experiencing notable downside momentum, which could attract traders looking to capitalize on a potential breakdown or oversold conditions for a counter-trend trade. Keep an eye on key support levels that might trigger a bounce or further declines if breached.
TRB/USDT and MASK/USDT are also showing bearish trends, falling by 5.03% and 4.33%, respectively, to 51.87 and 2.631. This indicates that bearish sentiment is extending across multiple assets, with TRB experiencing significant selling that could push it to test recent lows. MASK/USDT, on the other hand, may attract traders looking for a potential reversal if market conditions shift.
OG/USDT and OAX/USDT are down 3.49% and 3.41%, trading at 6.058 and 0.1671, respectively. These coins reflect broader market weakness, signaling that cautious trading is needed. Traders should monitor volume trends and potential support levels for hints of a reversal or further bearish continuation.
