⚠️ $OOOO is under heavy pressure right now
OOOO is trading near $0.0148, down roughly -38%, with the chart showing a clear post-spike distribution phase. After the sharp move toward $0.12, price has steadily bled lower with declining volume, suggesting momentum has cooled significantly.
📉 What stands out on the chart: • Strong rejection from the top followed by continuous lower lows
• Price trading below short-term moving averages
• Volume drying up — sellers losing aggression, but buyers not stepping in yet
• Market cap around $2.3M, still holding a large holder base
This kind of structure often indicates either extended consolidation or a potential dead-cat bounce if buyers defend this zone. A clear reclaim of key averages would be the first sign of strength returning.
👀 Is this accumulation at the lows or more downside ahead?
What’s your view on OOOO — bounce candidate or avoid for now? 💬👇
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