"I've always cautioned against investing in delisting coins. Here's why: they often experience massive sell-offs, pulling liquidity and leaving many investors liquidated."
Technical Analysis:
The crypto market is seeing steep declines in some altcoins today:
- $OAX: Leading the plunge with a shocking -42.17%, now at $0.0805.
- $IRIS: Dropped by -34.28%, trading at $0.01014.
- $KEY : Fell -22.26%, now at $0.002151, showing intense selling pressure.
- $REN : Down -19.91%, priced at $0.04788.
- $IOTX : Slipped -6.47%, currently $0.06029.
These sharp declines highlight bearish momentum and a lack of buyer support. Traders should monitor critical support levels but tread cautiously as bullish reversals remain uncertain.
Key Takeaway: High volatility calls for strict risk management. Stick to strong, fundamentally backed projects.
