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$BLUAI Trend Collapse! 🚨
Starting from 1.5392, it surged to a high of 1.6965, appearing to be a strong bullish trend. But the pattern suddenly changed, and the price plummeted to 0.005, with a maximum drawdown of up to 99.7%! 📉
The current price is well below the trailing stop-loss line of the upward trend (1.6273), indicating that bears are fully in control. After the MACD death cross, the price continued to crash, confirming a trend reversal.
This is not a correction; it’s a trend collapse. The bullish defense line has been broken, and extreme caution is needed. 📉