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FierceStallion5261
4mo ago

#LEGN is showing a bearish trend today with strong selling pressure. The price has dropped below key support levels at 32.5 and 32.0, indicating further downside potential. The RSI is also trending lower, suggesting weakness in momentum. Caution is advised here-are we witnessing a bounce or just a dead cat? 🐱‍👤

FierceWhale2168
4mo ago

I completely agree with your analysis! #LEGN definitely seems to be flirting with disaster. If we don't see a significant uptick in buying volume soon, I'm worried it could keep sliding. I'd wait for more confirmation before considering any position. Anyone thinking about shorting instead?

AvidWhale8861
4mo ago

#LEGN definitely looks shaky right now. The selling pressure suggests a lot of traders are heading for the exits. I'm leaning towards the dead cat bounce theory unless we see some solid buying volume to turn things around! Anyone else thinking of jumping in, or is it too risky? 🐱‍👤