BullishBanter
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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.
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.
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