$VOXEL No volume No hotspots Stay away
🔥 1. Overall trend judgment (Core)
Qualitative: A large-scale "roller coaster" type decline followed by low volume downward trend.
Key features: VOXEL has dropped from a high of $0.25$ to around $0.0328$, a significant decline. Particularly the extreme spike in mid-April (from $0.02$ to around $0.20$, the “Heaven and Earth Needle”), is a typical behavior of major players washing out or raising prices to sell. After that, the price has been sluggish, entering a long downward trend channel.
It has completely broken down. Currently in the “ignored” garbage time, the moving average system is in a bearish arrangement, and market confidence is completely lacking.
📌 2. Key points
Resistance level (Selling pressure zone):
Short resistance: $0.040$. The bottom of the previous small platform of oscillation, also an integer level. If it rebounds here, short-term profit-taking and trapped positions will form double selling pressure.
Strong resistance: $0.050 - $0.060$. A densely packed oscillation and trapped area above, also the moving average resistance zone. It is almost impossible to surpass in the short term.
Support level (Defensive zone):
Lifeline: $0.030$. Near the current consolidation low point. If it breaks below here, it will test the previous low again.
Extreme bottom: $0.020$. The starting point of that “Heaven and Earth Needle”, also the historical bottom. This is the last line of defense for bulls.
📈 3. Trading volume signal
Signal: Extremely low volume. Except for that spike which released a huge volume, the current trading volume is very sluggish, almost a straight line.
Interpretation: Liquidity exhaustion. The market is in a “zombie” state, with no funds paying attention. In this state, prices can easily continue to slide under gravity.
🎯 4. Operation strategy
For holders: Don’t hold onto fantasies! Reduce positions and exit near $0.040$, and switch to liquid mainstream coins.
For non-holders: Absolutely do not touch! This kind of downward trend coin has no operational value unless you see a daily level volume breaking above $0.050$, otherwise don’t waste time.
🧨 5. Summary
VOXEL has entered ICU, $0.030 is the life-and-death line. No volume, no hotspots, stay away!