Today Losers Technical Analysis Report: $IRIS , $MLN , $CTXC , #ZRO , #OM , and #KEY
The past 24 hours have been challenging for several cryptocurrencies, with IRIS leading the decline, dropping -5.42% to a price of $0.01047. This significant dip indicates selling pressure and a potential test of lower support levels around $0.0102. If buyers fail to step in, further declines could occur. MLN has also struggled, losing -3.14% to trade at $21.61. This retracement might attract buyers near the key support of $21.00, which could stabilize its momentum. CTXC, down -1.80% at $0.6778, appears to be consolidating within a tight range. Traders should monitor the $0.67 support zone, which may serve as a pivot for future recovery or further decline.
ZRO, priced at $6.19, saw a modest loss of -1.23%, indicating some hesitancy among buyers. Support around $6.10 could provide a buffer, but failure to hold this level might lead to additional downside. Similarly, OM and KEY saw smaller declines of -0.87% and -0.56%, respectively. OM trades at $3.6254, close to its support at $3.60, while KEY, at $0.002289, seems to be hovering near a critical support level. These minimal losses suggest consolidation, but a lack of upward momentum could signal a further downtrend. Traders should closely watch support zones and volume levels for any reversal signals or continuation patterns across these coins.