Looking at BREV's recent trend, the decline pace of this coin has indeed been quite rapid. But from a different perspective, this kind of sharp downward move often also indicates that the bearish momentum is gradually weakening. From a technical standpoint, the support level in the purple area is a key point. If it can hold here, the probability of a rebound will significantly increase — which is also why many traders position long positions near the support level. Of course, whether a genuine rebound can occur in the short term still depends on whether the subsequent trading volume can effectively cooperate. In summary, this level is still worth paying attention to for friends looking to catch a rebound trend.
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MintMaster
· 01-11 02:44
Just hold the support level, retail investors are not unaware of this trick. If the trading volume doesn't cooperate, I'll cut my losses and run. Don't talk to me about exhaustion theory.
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PoetryOnChain
· 01-09 18:59
If the support level holds, there is indeed a chance, but the key is whether the volume follows... I am currently waiting here in the purple zone.
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TheMemefather
· 01-09 08:51
You really need to keep an eye on the support level, but to be honest, I've heard the whole "bear exhaustion" thing too many times, and it hasn't had any effect each time.
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RugpullTherapist
· 01-09 08:47
Short squeeze? Sounds good, but I trust trading volume more. Having support levels without volume backing is just nonsense.
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SolidityStruggler
· 01-09 08:43
I've heard the term "short squeeze" too many times; the key still depends on whether the trading volume matches up, otherwise it's just nonsense.
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NotSatoshi
· 01-09 08:31
If the support level can't hold, it means the bearish momentum hasn't actually exhausted itself. Conversely, we should also consider the opposite logic.
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HalfBuddhaMoney
· 01-09 08:27
What to do if the purple support breaks? Keep falling all the way down and lose everything? As for trading volume, it's politely called coordination; frankly, it's just about waiting to see when the big players will pump the market.
Looking at BREV's recent trend, the decline pace of this coin has indeed been quite rapid. But from a different perspective, this kind of sharp downward move often also indicates that the bearish momentum is gradually weakening. From a technical standpoint, the support level in the purple area is a key point. If it can hold here, the probability of a rebound will significantly increase — which is also why many traders position long positions near the support level. Of course, whether a genuine rebound can occur in the short term still depends on whether the subsequent trading volume can effectively cooperate. In summary, this level is still worth paying attention to for friends looking to catch a rebound trend.