TORN Falls 11.17% to $5.41 as Liquidation Pressure Hits Market
- —TORN slid 11.17% to $5.41, down 16.71% over 24 hours
- —Intraday high was $6.45 before the drop to a $5.41 low
- —Market cap is about $25.9 million on $2.19 million daily volume
- —Traders watch resistance at $6.00 and support at $5.41
Why it matters: The drop shows liquidation pressure hitting low-liquidity tokens; a break below $5.41 could accelerate further selling.
Source: Coinfomania