H: On-Chain Price Dumps to $0.003 With Binance Spread
H on-chain price crashes to $0.003 while Binance perpetuals hold at $0.06; 4h chart shows bearish EMA50 at $0.55 and RSI at 24.92.
SourceAnalysis
H faces continued on-chain selling that pushed prices to $0.003 and near zero, while Binance perpetual contracts trade at $0.06 and create a 20x gap. Seven wallets dumped 249 million tokens in seven hours for $31.3 million, sourced from unlocks. On the 4h chart H sits at $0.15 inside a bearish structure with EMA50 resistance at $0.55 and EMA200 at $0.38; MACD prints a death cross at -0.07 while RSI at 24.92 signals oversold conditions and price tests the lower Bollinger support at $0.21, pointing to further downside pressure before any relief.
余烬
@EmberCNAnalyst about On-chain Analysis