Problem is the volume. Its just not their today. I think alot of people are locked in to the mid 20's when they bought the past few days and they are not willing to double down.
And when there is no volume, the MM's are going to just destroy it.
Lets see here, over 350M volume traded above .0025, and about 50-75M dropped it 50%? lol....anyone falling for this ridiculousness shouldn't be trading. Low volume selling creating panic from the newbs and impatient ones......
Check out the bounce on EHOS today. It too got hammered down on low volume yesterday and already back to where it was before the drop.
Just watch what happens when the buying starts up again, these MM's will be jumping the ask by 2-3 ticks......
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