The current COMMON quote is 0.003048, maintaining a flat trend. From a technical perspective, this asset is in the early stage of a bullish trend, just forming a key candlestick, and its momentum remains to be seen.
Regarding position, our set dynamic tracking line is around 0.003028, which can serve as a reference level for stop-loss. Support levels below are at 0.003004 and 0.002955. If these are broken decisively, the overall pattern needs to be reassessed. Upward resistance levels are arranged from near to far at 0.003088, 0.003123, and 0.003216.
The trading approach is straightforward: as long as the price stays above the trend line, consider entering long positions with a small amount, but stop-loss must be strictly placed below the tracking line. The first resistance at 0.003088 is not far, so there's a good chance it will be tested, and it's important to plan how to protect profits in advance.
A warning here—MACD histogram momentum has plummeted by 75% over the past 12 periods, clearly indicating that the bulls' acceleration is weakening. Such a soft start suggests insufficient confidence, so be cautious of false breakouts that could trap you and then pull back near the tracking line. The market is indeed somewhat fragile, so proceed carefully.
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FlashLoanPhantom
· 6h ago
Still daring to chase after a 75% drop in MACD? I think this is just a trap waiting for us... I can't feel the 0.003088, better to stay away.
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FloorSweeper
· 01-08 17:11
Macd drops 75% and you dare to boast about a bullish start? Isn't this just a classic false breakout trick? I'm skeptical.
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Ser_Liquidated
· 01-08 03:58
MACD has already dropped 75%. Are you still daring to hype up the early bullish trend? This is just a fake breakout trick. Be careful not to get fooled and see it crash back down.
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BearWhisperGod
· 01-08 03:58
MACD has plummeted by 75%, still dare to chase long? I've seen many such weak openings; nine out of ten times, false breakouts smash through the bottom support.
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WinterWarmthCat
· 01-08 03:57
MACD has already dropped 75%, yet some still claim it's the early stage of a bull market. This logic doesn't quite hold up.
Forget it, let's try some small positions and see. Anyway, the stop loss is at 0.003028.
This market looks fragile; it might just be a false breakout.
I just want to know who would chase in at this point.
Whether 0.003088 can be taken out is still uncertain; we need to be cautious.
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BagHolderTillRetire
· 01-08 03:51
The MACD is already collapsing like this, and you still dare to play long? I think this wave is just a false breakout. Wake up, everyone.
The current COMMON quote is 0.003048, maintaining a flat trend. From a technical perspective, this asset is in the early stage of a bullish trend, just forming a key candlestick, and its momentum remains to be seen.
Regarding position, our set dynamic tracking line is around 0.003028, which can serve as a reference level for stop-loss. Support levels below are at 0.003004 and 0.002955. If these are broken decisively, the overall pattern needs to be reassessed. Upward resistance levels are arranged from near to far at 0.003088, 0.003123, and 0.003216.
The trading approach is straightforward: as long as the price stays above the trend line, consider entering long positions with a small amount, but stop-loss must be strictly placed below the tracking line. The first resistance at 0.003088 is not far, so there's a good chance it will be tested, and it's important to plan how to protect profits in advance.
A warning here—MACD histogram momentum has plummeted by 75% over the past 12 periods, clearly indicating that the bulls' acceleration is weakening. Such a soft start suggests insufficient confidence, so be cautious of false breakouts that could trap you and then pull back near the tracking line. The market is indeed somewhat fragile, so proceed carefully.