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📉 TBK/USDT Market Update (1D Chart)
TBK has experienced a strong bearish move, dropping around -42% in 24 hours and currently trading near $0.78. After reaching a recent high close to $3.00, price failed to hold the resistance and saw heavy selling pressure.
🔍 Technical Observations:
Price broke below key moving averages (MA5 & MA10)
Strong bearish candles indicate panic selling
Volume increased during the drop, showing strong sell dominance
MACD is turning bearish, suggesting weak momentum
⚠️ Market Outlook: This looks like a correction phase after a hype pump. Price may try to find support near current levels, but risk is still high. Traders should wait for confirmation before entering new positions.
📌 Tip:
Always use proper risk management and avoid FOMO during high volatility.
What’s your view on TBK — rebound or more downside? 👇📊