Looking at this coin's chart, the 0.148 level has formed a clear double top pattern. Yesterday's decline was significant, and the key support level was effectively broken through. From this perspective, the bearish momentum is indeed accumulating.



Some are still expecting a rebound, but from a technical standpoint, the current signals are not very optimistic. If the breakdown continues, the next target is around 0.115. Of course, this kind of short-term movement still depends on trading volume; if the volume shrinks, the possibility of a rebound cannot be completely ruled out.

In summary, caution is more necessary at this stage, especially before any clear signs of a trend reversal appear.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • Repost
  • Share
Comment
0/400
pumpamentalistvip
· 10h ago
Double top slapped, should have run long ago --- Is a rebound with shrinking volume? That's funny, this is just a trap --- 0.115 can't even stop it, just watch --- Caution my ass, should have liquidated long ago --- Before the downtrend reversal signal appears... it'll be a long wait --- Support levels breaking one after another, the outcome looks really bad now --- Rebound possibility? I think it's hopeless for a rebound --- This wave of bears is really fierce, holding coins is tough
View OriginalReply0
AirdropF5Brovip
· 01-07 06:45
Once the double top is broken, accept it. See you at 0.115.
View OriginalReply0
DeFiVeteranvip
· 01-07 04:51
Hmm... I'm tired of the double top breakout explanation. Let's see if it really drops to 0.115 first.
View OriginalReply0
FOMOmonstervip
· 01-07 04:44
The double top crashes down, I knew it wasn't good news. 0.115 probably can't hold.
View OriginalReply0
FlashLoanLarryvip
· 01-07 04:42
double top at 0.148? mate, that's just opportunity cost staring you in the face. volume dried up faster than liquidity depth in a bear trap, classic protocol dynamics play if you ask me
Reply0
GasWastervip
· 01-07 04:26
bruh the volume on that dump yesterday tho... could've sworn i saw the gas tracker spike to 150 gwei right when it broke support. ofc i missed the optimal window again smh 😅
Reply0
GateUser-84f14cedvip
· 01-07 04:24
How to contact?
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)