HEMI current quote is 0.01737, down 10.37% since the trend started. The bearish trend has shown signs of stagnation after running through the 100th K-line. This position can be described as a "crossroads"—the price is testing the key downtrend line, and the highly adhesive state suggests that a direction choice is imminent.
From a technical perspective, the 0.01733 level is the current critical point and also serves as a reference for dynamic stop-loss. If the price holds above this support, there is a chance for an oversold rebound, but attention should be paid to the dense resistance levels above: 0.01771, 0.01829, and 0.01896, forming a continuous pressure zone. Conversely, if the 0.01733 support is broken, the bearish trend may accelerate downward.
It is particularly important to be cautious of the fact that the medium- and long-term momentum in MACD remains strong, which can easily lead to false breakout traps during short-term technical reversals. In the current situation, traders should carefully observe the interaction between the price and the trend line, and look for clear directional signals before taking action.
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GasFeeCry
· 01-08 21:11
If 0.01733 doesn't hold, I'll have to average down again. I'm about to get trapped again.
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Layer2Observer
· 01-08 20:20
The intersection is indeed worth observing, but this MACD's statement that "medium to long-term momentum remains strong" is somewhat interesting—Is the momentum really strong, or is it just inertia? Let's look at the data; the stagnation over 100 K-lines itself indicates something.
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AirdropFatigue
· 01-08 18:08
It's time to look at the chart and guess the sentiment again... Is the 0.01733 line really the moment that determines life or death?
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ShadowStaker
· 01-08 06:52
tbh the 100-bar stall is textbook before a violent move either way... but that macd strength vs price weakness setup? classic fakeout setup. seen it a thousand times.
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TommyTeacher
· 01-08 06:50
0.01733 can this level really hold, feels like I'm about to get trapped again
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MoonRocketTeam
· 01-08 06:44
If this 0.01733 line can't hold, we'll just directly launch into a rocket burn. After holding in 100 candles for so long, we have to choose a direction.
This wave of MACD is really sneaky, with one fake breakout trap after another. I'm just waiting for that clear signal to appear.
The triple resistance zone is stacked like a supply station. Only by breaking through can we refill the rocket fuel.
This sticky state is giving me a headache. Instead of guessing the direction, it's better to save your life first. See you below 0.01733.
Don't rush to buy the dip; the ground command hasn't given a signal yet. Let dopamine be secreted again.
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AirdropHunter
· 01-08 06:42
HEMI this position is indeed a bit tense, if 0.01733 can't hold, I have to run
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It's that time again when a choice must be made, are the bears really tired?
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Regarding false breakout traps, I learned my lesson the hard way last time
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Three resistance levels stacked there, this rebound space isn't very big
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Does MACD still have strength? Then I'll just watch for now, and see the signals later
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The term "crossroads" is used well, meaning no one knows which way to go next
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The 0.01733 line feels like it needs to be tested multiple times before a decision is made
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Medium to long-term momentum is strong, but the short-term turning point is like a ticking time bomb
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Once the support is so tight, a big fluctuation shouldn't be far away
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Break the trend line and run, I don't gamble on such times
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ForkLibertarian
· 01-08 06:38
100 candlesticks are still dithering; this is the most boring time in the market.
HEMI current quote is 0.01737, down 10.37% since the trend started. The bearish trend has shown signs of stagnation after running through the 100th K-line. This position can be described as a "crossroads"—the price is testing the key downtrend line, and the highly adhesive state suggests that a direction choice is imminent.
From a technical perspective, the 0.01733 level is the current critical point and also serves as a reference for dynamic stop-loss. If the price holds above this support, there is a chance for an oversold rebound, but attention should be paid to the dense resistance levels above: 0.01771, 0.01829, and 0.01896, forming a continuous pressure zone. Conversely, if the 0.01733 support is broken, the bearish trend may accelerate downward.
It is particularly important to be cautious of the fact that the medium- and long-term momentum in MACD remains strong, which can easily lead to false breakout traps during short-term technical reversals. In the current situation, traders should carefully observe the interaction between the price and the trend line, and look for clear directional signals before taking action.