$DEFT might've finally hit a floor. The chart's showing some exhaustion after the selloff—price tried pushing past $1.70 but couldn't hold it. Classic resistance behavior.
Here's the thing: technically it's sitting in oversold territory right now. Volume shelf's pointing to $2.20 as the next meaningful level if buyers step in. That's where I'd watch for potential profit-taking.
Not financial advice, but the setup's there if you're into DeFi plays.
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SmartContractWorker
· 7h ago
1.70 didn't break, feels like a rebound is coming. Looking towards 2.2.
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GateUser-1a2ed0b9
· 12h ago
1.70 is really a tough hurdle, it can't even rebound.
2.20 depends on when buyers get serious.
Being oversold is a good thing, right? It's time to accumulate.
Is there still hope for this round of DeFi? Honestly, I'm a bit nervous.
Has DEFT confirmed the bottom? Why am I still afraid to make a move?
This technical analysis sounds good, but who will bail out the market?
Holding the line around $1.70, just waiting for a sudden pump someday?
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PerpetualLonger
· 12-04 21:50
Bought the dip! If 1.70 can't be broken, it means the bears are running out of ammo. I'm very familiar with this oversold pattern. I have to hold the 2.20 level even if I lose sleep over it.
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just_another_wallet
· 12-04 18:50
Bro, $1.70 at this level is just a joke, it simply can't hold.
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LiquidatedTwice
· 12-04 18:49
1.7 always gets stuck. Is it really going to rebound this time? I’m a bit skeptical.
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MetaverseMigrant
· 12-04 18:47
Is DEFT about to rebound this time? To me, it looks more like a trap to lure people in...
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CodeAuditQueen
· 12-04 18:40
Before buying the dip, audit the contract code first to avoid falling into a honeypot trap.
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GateUser-e19e9c10
· 12-04 18:33
1.70 is really a hurdle, feels like we'll have to wait longer for a rebound.
Oversold is one thing, but I still feel like this coin has more downside.
I'm optimistic about the 2.2 level, but whether it can hold is another story.
DeFi is like this now, lots of ups and downs, better to watch more and act less.
I don't trust technical analysis, just watching if any whales step in.
If 1.7 can't be broken, it means there's not enough consensus, hard to say what happens next.
This rebound feels like déjà vu, history just keeps repeating itself.
My feeling is that the bottom hasn't arrived yet.
Going by this logic, there needs to be a sell-off around 2.2.
Does being oversold definitely mean a rebound? That logic is a bit weak.
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DegenWhisperer
· 12-04 18:33
1.70 got pushed back again, looks like we still have to wait.
$DEFT might've finally hit a floor. The chart's showing some exhaustion after the selloff—price tried pushing past $1.70 but couldn't hold it. Classic resistance behavior.
Here's the thing: technically it's sitting in oversold territory right now. Volume shelf's pointing to $2.20 as the next meaningful level if buyers step in. That's where I'd watch for potential profit-taking.
Not financial advice, but the setup's there if you're into DeFi plays.