Business as usual
Picking up the sector impact (many eu telcos are down today - Orange, DTE, Vivendi), we drop on extremely light volume ~1M per hour, from the upper border of systemic channel to the lower one, you know what it means ...
Standard technical trading by active traders with multiple objectives.... and a very efficient “stops hunting“ (sorry, was to busy to warn you). Some profs need to buy cheaper to keep a reasonable average, some parties need volatility, other try to repurchase lower, mms need to “strip clients”, etc .
Our “mid-term” support is at ~2.44 Take care of your stops....