PTB yesterday's contract experienced a bottoming trend, hitting a record low price. Interestingly, after the opening today, it did not continue to decline but instead gradually stabilized, showing signs of a rebound on the daily chart, with no risk of a double bottom. On the 15-minute chart, the price found support again at a low level and rebounded. From the overall trend perspective, the upward direction is quite clear.
From a technical standpoint, the previous sharp decline could easily cause retail investors' sentiment to collapse. But from another angle, the current price hovering around 0.0025 is just an opportunity to go long. If you are confident in a subsequent rebound, stop-loss can be set tightly below 0.0023 to effectively control the retracement risk in extreme market conditions. The short-term target first references the 0.003 level. If it can be effectively broken through, there is still room to rise to 0.004. The overall trend framework remains quite clear.
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SerLiquidated
· 12-29 21:23
The bottom rebound signal is indeed good, but I don't know if retail investors will really buy the dip or continue to cut losses...
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BlockchainArchaeologist
· 12-29 16:50
Such obvious bottom signals, why not buy the dip and hold through the New Year?
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nft_widow
· 12-29 16:39
Bottom rebound signal has appeared. Retail investors, don't panic, this is the time to get on board.
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AirdropJunkie
· 12-29 16:37
The bottom rebound signal looks quite clear, but retail investors are still panicking and buying the dip, haha.
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BTCWaveRider
· 12-29 16:35
The bottom signal is indeed good; it all depends on whether retail investors can hold back from selling now.
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HorizonHunter
· 12-29 16:23
The bottom signal is still very clear. We can't miss this rebound.
PTB yesterday's contract experienced a bottoming trend, hitting a record low price. Interestingly, after the opening today, it did not continue to decline but instead gradually stabilized, showing signs of a rebound on the daily chart, with no risk of a double bottom. On the 15-minute chart, the price found support again at a low level and rebounded. From the overall trend perspective, the upward direction is quite clear.
From a technical standpoint, the previous sharp decline could easily cause retail investors' sentiment to collapse. But from another angle, the current price hovering around 0.0025 is just an opportunity to go long. If you are confident in a subsequent rebound, stop-loss can be set tightly below 0.0023 to effectively control the retracement risk in extreme market conditions. The short-term target first references the 0.003 level. If it can be effectively broken through, there is still room to rise to 0.004. The overall trend framework remains quite clear.