$Snowball is showing interesting technical setup right now. The blue zone represents the initial buy area, though traders should stay alert to potential downside pressure. If the price retraces, watch for support along the red diagonal trendline and the fibonacci retracement levels—these could act as crucial bounce points. Breaking below these zones would signal weakness, so position your risk management accordingly.
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.
$Snowball is showing interesting technical setup right now. The blue zone represents the initial buy area, though traders should stay alert to potential downside pressure. If the price retraces, watch for support along the red diagonal trendline and the fibonacci retracement levels—these could act as crucial bounce points. Breaking below these zones would signal weakness, so position your risk management accordingly.