Looking at the trend of coin B, the bears are still in control. Since reversing from the 0.1851 level, it has fallen by 11 percentage points in a row, and many long positions have been trapped. Currently stuck at the 0.1642 price level, the dynamic resistance line at 0.1693 is holding it down tightly. In the short term, if it cannot break back above this line for a rebound, caution is advised.



Although the MACD indicator shows some signs of easing, it remains below the zero axis, indicating only a brief respite during the decline. To rebound, the first hurdle is 0.1693; only after crossing it will the rebound be confirmed. Looking downward, there is a support level around 0.1451, which warrants closer attention.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
Anon32942vip
· 01-06 10:43
Another day of being trapped, that 0.1693 level is really like a steel gate—no rebound at all. --- The short sellers are really fierce this time. The bulls must be crying... --- What’s the use of that slight relief from MACD? It’s still lying below the death line. --- If 0.1451 doesn’t hold, I really have to cut losses. This wave is a bit painful. --- Every rebound is suppressed by 0.1693. Why is this resistance level so tough? --- More and more positions are being trapped, and the bears are still arrogant. --- Looking at 0.1451, if it drops further, it’ll really be a nightmare... --- MACD’s relief is just an illusion. Still hoping for a rebound? Dream on. --- With this wave’s trend, a rebound is almost impossible. --- 0.1693 is firmly holding down, there’s really no hope in the short term.
View OriginalReply0
degenwhisperervip
· 01-05 09:30
Once again hit by a short squeeze, this breakout looks really disgusting. --- 0.1693 If it can't break, don't even think about it. Let's hold on. --- Bottom fishing, but the more we fish, the deeper it gets, trapped in a mess. --- This little movement in MACD is a joke, what rebound are you talking about? --- The key is whether 0.1451 can hold, otherwise it will continue to fall. --- Friends who are bullish are all caught in the crossfire; this wave of bears is too fierce. --- Fallen from 0.1851 to now, the losses are heavy, everyone. --- Don't think about turning around in the short term, wait patiently for signals. --- Resistance lines are pressing down hard, making it impossible to break through.
View OriginalReply0
ShibaMillionairen'tvip
· 01-03 11:51
Another trap position, breaking 0.1693 is really pointless.
View OriginalReply0
ContractExplorervip
· 01-03 11:48
The bears are still eating meat, my order has already run away, no need to fight the downward trend to the death --- 0.1693 can't be broken, this rebound is just a joke, keep watching for further decline --- Brothers trapped, don't worry, see you at 0.1451 and then we'll talk --- MACD's slight relief is useless, still trying to turn around below the zero line --- Another resistance level being suppressed, the tricks in the crypto world are really annoying --- Looking at the technical charts like this, it's better to wait and buy around 0.15, with lower risk --- No short-term hope, this round of bears hasn't had enough yet --- 11% drop, all the bulls crying now, I told you this thing is a bit虚 --- As long as it doesn't recover back to 0.1693, be cautious, this is no lie --- Is the bottom around 0.1451? A bit doubtful, feels like it could go even lower
View OriginalReply0
CommunitySlackervip
· 01-03 11:46
Once again, I'm trapped. How many people got caught this time? To be honest, the 0.1693 level is really a paper tiger; I feel like it can't be broken.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)