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UWU

Promised 30K Support Failed — Price Fell to 16K

I also heard last time that they insisted the market wouldn’t let it be bought below 30k. In the end, it still dropped down to 16k.

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AI Analysis

The opinion points out a common market narrative: assertions that a price level (30k) would act as a hard floor. The reality described — a fall to 16k — highlights how quickly perceived support can fa...

AI Recommendation

Do not assume a specific price level will be defended simply because it’s widely cited. Treat support lines as probabilistic, not absolute. Reassess positions and risk exposure if a claimed support is...

Disclaimer

The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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