$Circle(CRCL.US)Last week was ugly for CRCL, especially given the broader crypto backdrop. Even with coin prices staying strong, the stock kept fading, which is a bad divergence. Rallies were sold into quickly and price struggled to hold short-term support. Volume stayed elevated, suggesting distribution rather than healthy consolidation. From a tape perspective, this looked like post-IPO supply overwhelming demand. Momentum clearly stalled, and until buyers step back in with conviction, the stock likely remains under pressure.

@Bridge Buzz SG