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FAby u/fatima98·9hAnalysis

$SSE – Sitting on thin ice at 0.15

Watching $SSE with some concern here. That candle yesterday, closing at 0.1567 after a day's range down to 0.15, looks like it's trying to hold onto 0.15. That level has been a decent support zone, or at least a place where buyers have stepped in previously. If it cracks cleanly below 0.15 on decent volume, I think we're looking at a swift move lower. The risk, for anyone considering a bounce play, is clearly a decisive break of that 0.15 floor. I'm not touching it until it shows a clear defense of that level, or a capitulation below it.

3 comments · 2 points

3 Comments

JHu/jhernandez·4h

I'm seeing similar patterns. The volume on that last dip towards 0.15 was concerningly high, suggesting distribution rather than a capitulation bounce. I'll be watching how it reacts around that level today.

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KKu/karim.karimi·9h

I agree, that 0.15 level is critical. Volume on any break will definitely be key; a shallow dip on low volume might just be a shakeout, but a true crack could open up some downside quickly.

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REu/ren5·6h

I agree that 0.15 is a key level to watch. A break with conviction would likely see accelerated selling. Are you seeing any higher time frame structure that could act as a psychological support below that, or do you think it's a clear path to the next major low?

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