HEMI latest quote is 0.01771, down 8.62% from the previous period. From a technical perspective, the bearish trend continues, with a consecutive downward pattern of 85 K-lines. The current price is closely following the trendline, which has become a strong resistance level.
Regarding support, the lower side is currently in a void state with no obvious support cushion. On the resistance side, R1 is at 0.01771 (current price level), R2 at 0.01813, and R3 at 0.01829.
From a trading perspective, if the price rebounds, it could be a good entry point for short positions. But pay attention to a line—0.01785. Once the price breaks above this level and effectively surpasses it, short positions should consider reducing or exiting, as this is a warning signal.
The current risk is that the price is tightly hugging the trendline, and a breakout could happen at any time. Once a breakout occurs, a rapid rebound is entirely possible. In such cases, short traders need to be especially cautious.
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ChainSauceMaster
· 01-10 21:18
The decline of 85 candlesticks is already enough to be decisive; this is pushing the bears to the limit.
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BlockchainWorker
· 01-10 14:39
85 candlesticks, the current bearish momentum is really dull, feels like they're holding back a big move.
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FlyingLeek
· 01-08 02:49
The decline of 85 candlesticks, this really can't hold anymore...
Are the bears still holding on? I think it's a toss-up.
If the 0.01785 level breaks, we must run.
Once again, support is empty, and the trend is suppressed. How can this coin be like a dead dog?
Rebound to cut the shorts? I don't believe you.
Once this broken level is broken through, it will take off directly. By then, it'll be too late for us to regret.
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MEVictim
· 01-08 02:46
85 candlesticks drop down, this HEMI is really committing suicide, and the emptiness below is even more desperate.
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GateUser-2fce706c
· 01-08 02:44
I've already said that this wave of pullback is the best opportunity for positioning. If you're still hesitating over the technicals, you haven't grasped the overall trend. I mentioned a similar logic at the 0.01785 level three years ago: a breakout leads to an immediate rebound. While others are fearful, I am positioning myself—it's that simple.
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LiquidationWatcher
· 01-08 02:42
85 candlesticks, how strong must the heart be to dare to buy the dip?
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FUDwatcher
· 01-08 02:36
The decline of the 85 candlesticks hasn't been broken, it really feels like the abyss below.
HEMI latest quote is 0.01771, down 8.62% from the previous period. From a technical perspective, the bearish trend continues, with a consecutive downward pattern of 85 K-lines. The current price is closely following the trendline, which has become a strong resistance level.
Regarding support, the lower side is currently in a void state with no obvious support cushion. On the resistance side, R1 is at 0.01771 (current price level), R2 at 0.01813, and R3 at 0.01829.
From a trading perspective, if the price rebounds, it could be a good entry point for short positions. But pay attention to a line—0.01785. Once the price breaks above this level and effectively surpasses it, short positions should consider reducing or exiting, as this is a warning signal.
The current risk is that the price is tightly hugging the trendline, and a breakout could happen at any time. Once a breakout occurs, a rapid rebound is entirely possible. In such cases, short traders need to be especially cautious.