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.
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pumpamentalist
· 10h ago
Double top slapped, should have run long ago
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Is a rebound with shrinking volume? That's funny, this is just a trap
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0.115 can't even stop it, just watch
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Caution my ass, should have liquidated long ago
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Before the downtrend reversal signal appears... it'll be a long wait
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Support levels breaking one after another, the outcome looks really bad now
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Rebound possibility? I think it's hopeless for a rebound
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This wave of bears is really fierce, holding coins is tough
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AirdropF5Bro
· 01-07 06:45
Once the double top is broken, accept it. See you at 0.115.
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DeFiVeteran
· 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.
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FOMOmonster
· 01-07 04:44
The double top crashes down, I knew it wasn't good news. 0.115 probably can't hold.
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FlashLoanLarry
· 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
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GasWaster
· 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 😅
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.