The current price is stuck around 0.000998, with little movement in the ups and downs. But the trend is already very clear — the bears have officially taken over, just after breaking below a recent level.
The tracking line is set at 0.001007, which is very important; it serves as both resistance and your stop-loss reference line.
There are three support levels stacked: 0.000995, 0.000985, and 0.000978. The resistance levels above are also threefold: 0.001001, 0.001018, and 0.001030.
The trading idea is simple — when the price is below the tracking line, it’s a shorting opportunity. Short on rallies, with 0.001007 as the bottom line.
Note that the MACD negative bars are already quite exaggerated, indicating strong bearish momentum🔥. But here’s an interesting point: the price is only 0.3% away from the nearest support. If it suddenly pulls up and breaks through the tracking line, you’ll need to stay alert, as the trend might change.
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MagicBean
· 6h ago
The short squeeze is quite fierce this time. If 0.001007 can't hold, it will keep dropping.
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Getting stuck around 0.000998 feels like something big is brewing. Just waiting to see.
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The MACD is so exaggerated that I'm a bit scared. Still, I'll wait and see.
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The 0.3% support level has me a bit anxious, worried about a sudden rebound and getting caught off guard.
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With three layers of support stacked so thick, either none of them are effective or none can be broken.
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Shorting on rallies sounds simple, but in practice, it mostly depends on luck.
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That 0.001007 line feels like a decoy. If it were going to break, it would have already.
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The bears have taken over, but I still don't fully trust this drop.
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GweiWatcher
· 20h ago
The bears are so strong, with only 0.3% to reach the support, it feels like a rebound could happen at any moment.
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MoodFollowsPrice
· 01-09 03:52
The bears are so fierce, I still need to keep my bullets. Let's see if 0.3% can hold up first.
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BlockDetective
· 01-08 03:54
The short position this time is quite fierce; the MACD is almost exploding.
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Rekt_Recovery
· 01-08 03:52
ngl that 0.3% cushion is exactly where i got liquidated last month... shorting feels like free money until it absolutely isn't
Reply0
DataPickledFish
· 01-08 03:46
The shorts are so fierce, will a 0.3% move cause an explosion? I think it's unlikely.
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The MACD is already so bearish, this time it might really fall to the core of the earth.
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What are you doing stuck at 0.000998? Just give a straight answer.
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Waiting for it to break 0.001007, then we'll see who wins.
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The support levels are so densely packed, it feels like there are people defending the price below.
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Buying on dips sounds good, but I always feel like I might get caught.
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A 0.3% move can turn things around? Are you joking?
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tokenomics_truther
· 01-08 03:42
The bears are so fierce, it feels like it will break 0.978
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Wait, 0.3% just reaches the support? This rebound is too fast
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The negative MACD histogram is extremely exaggerated, I bet it will continue to fall
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Tracking lines, three layers of support... so many tactics
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I just want to know, after breaking 0.978, what else is there?
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Buying on dips sounds easy, but in practice? Candidate for liquidation
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Price is close to the support level, this is when a flash crash is most likely
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The bears took over just a few minutes ago, I don't believe it
B3 15-Minute K-Line Quick View 📊
The current price is stuck around 0.000998, with little movement in the ups and downs. But the trend is already very clear — the bears have officially taken over, just after breaking below a recent level.
The tracking line is set at 0.001007, which is very important; it serves as both resistance and your stop-loss reference line.
There are three support levels stacked: 0.000995, 0.000985, and 0.000978. The resistance levels above are also threefold: 0.001001, 0.001018, and 0.001030.
The trading idea is simple — when the price is below the tracking line, it’s a shorting opportunity. Short on rallies, with 0.001007 as the bottom line.
Note that the MACD negative bars are already quite exaggerated, indicating strong bearish momentum🔥. But here’s an interesting point: the price is only 0.3% away from the nearest support. If it suddenly pulls up and breaks through the tracking line, you’ll need to stay alert, as the trend might change.