$DAR , $AKRO , $WRX , #PNUT , #CVX , and #PENDLE : Heavy Losers in the Last 24 Hours
The cryptocurrency market has witnessed significant declines in several tokens, with DAR leading the way, plummeting by 21.52% to $0.13398. AKRO followed closely, dropping 19.64% to $0.00203. WRX and PNUT also saw sharp declines of 17.37% and 17.18%, respectively, signaling a sell-off in mid-tier tokens. CVX and PENDLE rounded off the list with losses of 17.03% and 16.73%, with CVX trading at $4.16 and PENDLE at $4.82.
The steep declines across these tokens suggest bearish sentiment, possibly driven by profit-taking or broader market corrections. Traders looking to capitalize should watch for support levels around current prices. A potential rebound could occur if the market stabilizes, especially in oversold conditions. However, strict risk management and stop-loss strategies are essential, as volatility remains high. Keep an eye on DAR and AKRO for signs of recovery, as they might present opportunities for short-term gains.