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AB Crypto Plunges 17% Amid Market Manipulation Suspicions, Yet Investor Sentiment Remains Bullish
AB Crypto Plunges 17% Amid Market Manipulation Suspicions, Yet Investor Sentiment Remains Bullish
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BTCC square news:
AB crypto suffered a sharp 17% decline within 24 hours, erasing a significant portion of its recent 70% monthly rally. The breakdown of an ascending support line on the 4-hour chart signaled a structural shift, with bears now in control. Market observers note the precision of the drop suggests deliberate price suppression rather than organic selling pressure.
Technical indicators flash warning signs as a Death Cross pattern emerges on AB's daily chart. The token retraced to its breakout point NEAR $0.01002, where a long-wick candlestick on June 16th hinted at potential accumulation. Despite the bearish technicals, community voting data reveals persistent bullish sentiment among holders.
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