When $TEL shows strength, this price level becomes critical support.
Here's the thing most traders miss: price weakness and sideways action at key zones aren't a sign of failure. They're actually the reason these levels matter most.
We already saw buyer participation test this area. When the sellers stepped in and tried pushing lower, they got nothing. No follow-through, no cascade. Instead, price bounced back and settled into a clearly defined demand zone.
That's not boring. That's textbook accumulation. The shaking out happens exactly when price looks weakest, because that's when conviction separates from noise.
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zkProofGremlin
· 14h ago
This support level is really resilient; as soon as sellers come in, there's no movement, a typical accumulation signal.
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CryptoGoldmine
· 14h ago
The low-buying logic during the accumulation phase is indeed valid; the key is whether the hash rate efficiency can keep up with the pace of price rebounds.
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This consolidation process is actually a filter for believers; those who endure are the true strategists.
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It's rare to see someone explain the essence of support levels clearly; most retail investors only shout about price rises and falls, without understanding the capital game behind it.
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When the demand zone stabilizes, it indicates that big players are quietly accumulating; that's why I never chase highs.
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Accumulation during the weakest price moments often lays the strongest foundation for a rise; the data is right there.
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Not crashing is the best signal, indicating that consensus has not broken.
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The question is, how long does this kind of bottom accumulation usually last before breaking upward?
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From the recent growth in wallet addresses, there are indeed a large number of chips quietly resting at low levels, consistent with your accumulation logic.
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FrogInTheWell
· 14h ago
The seller tried but still no luck; this is truly the bottom signal.
When $TEL shows strength, this price level becomes critical support.
Here's the thing most traders miss: price weakness and sideways action at key zones aren't a sign of failure. They're actually the reason these levels matter most.
We already saw buyer participation test this area. When the sellers stepped in and tried pushing lower, they got nothing. No follow-through, no cascade. Instead, price bounced back and settled into a clearly defined demand zone.
That's not boring. That's textbook accumulation. The shaking out happens exactly when price looks weakest, because that's when conviction separates from noise.