The weekly chart shows a clear breakout signal. From a technical perspective, the price level of $42.06 corresponds to the 1.272 logarithmic Fibonacci level, becoming the next key target.
These objective price levels derived from the Fibonacci sequence generally have strong reference significance, serving as both short-term target references and helping traders set reasonable take-profit levels. Friends interested in the subsequent trend of CIFR can focus on monitoring the performance of this resistance level.
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BasementAlchemist
· 10h ago
Keep a close eye on this breakout, 42.06 really needs to be watched closely.
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UnluckyLemur
· 10h ago
42 bucks, feels a bit fake, Fibonacci is back again
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LightningLady
· 10h ago
Fibonacci is back again, but the 42.06 level does seem to have some significance.
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StablecoinEnjoyer
· 10h ago
How much can it rise from over 42? To be honest, I can't really trust the Fibonacci method.
CIFR Weekly Breakout Analysis
The weekly chart shows a clear breakout signal. From a technical perspective, the price level of $42.06 corresponds to the 1.272 logarithmic Fibonacci level, becoming the next key target.
These objective price levels derived from the Fibonacci sequence generally have strong reference significance, serving as both short-term target references and helping traders set reasonable take-profit levels. Friends interested in the subsequent trend of CIFR can focus on monitoring the performance of this resistance level.