On indicators, $TOP drop, and $EM consolidation

Watching the $TOP situation closely today, that -10% hit to 10.84 is significant, especially after hovering around 12.00 yesterday. The argument for pure price action over indicator reliance feels strong in these kind of moves. You could have all the moving averages in the world, but when a stock dumps like that, it's a structural shift that needs to be acknowledged first, then analyzed. Meanwhile, $EM stuck around 1.195, tight range. Is anyone still finding leading indicators truly helpful for anticipating these sharp moves, or are we all just reacting to price? $ASML steady above 1800, 1810.07 right now, that's a different beast entirely. Change my mind.