At 2nd support line, one can see after it broke slightly, the price is pulling back. All late buyers (bought at 15,000 & above) are suffering, with some relinquish their position for fear of bigger losses. (Rule 1 : stick to your Stop Loss strategy)
Early sellers beware of short squeeze, take partial profits, reduce positions and adjust your trailing stops (Rule 2 : Consistency)
Comment
⋅
Support 2 line is broken twice and rebound, signifying the selling strength is heavy and determined to push it lower.