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SSV

SSV Network Drops 5.4% — Short-Term Selling Pressure

I see a sharp, rapid dump in SSV (SSV/USDT): price fell from 9.362 to 8.857 in about 220 seconds, a -5.39% move.

Short-term volume is elevated (3m: 3.59M vs 24h: 7.95M), which points to concentrated selling pressure. I expect weak near-term price action until volume normalizes or buyers step in.

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Analysis

Rapid intraminute decline combined with a large 3-minute volume relative to 24-hour volume suggests aggressive selling. This increases the likelihood of further short-term weakness or a choppy recover...

Recommendation

I recommend selling or avoiding new longs until price stabilizes and short-term volume cools. Re-evaluate only after consolidation or confirmed support holds on normalizing volume.

Disclaimer

The 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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