R2 Protocol ($R2): The Capitulation
On the flip side, $R2 is experiencing a brutal -37.51% flush, crashing from $0.06 to $0.008.
Analysis: This is a classic "falling knife." The volume spike at the bottom indicates forced liquidations and a total lack of liquidity support ($403k is dangerously thin for this market cap).
Signal: SHORT / AVOID
Bias: Bearish.
Logic: Do not try to catch this bottom. Until we see a "double bottom" or a volume-backed reversal, the trend is purely down. $0.01 is now heavy resistance.
Bottom Line: Capital is rotating out of old yield-aggregator narratives ($R2) and into new infrastructure layers ($EDGE). Stay where the liquidity is.