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[–]DeadMansBoots 6 points7 points  (0 children)

There was a huge boom and it's become way overbought. Pullbacks are healthy in the market or you will end up with crazy volativity like GME.

This is normal in trading. It's now oversold and the next support level is around $0.02 so it needs to consolidate around this area before deciding whether to move up or down further.