The current quote is at 0.4081, a decline of nearly 11%. The bearish trend is still ongoing, and the technical analysis has completed 48 candlesticks.
From the support levels, the lower supports are distributed at 0.4014, 0.3306, and 0.3150. The resistance zone upward is quite clear—0.4084 to 0.4157 is the key resistance band, and above that is the 0.4200 threshold.
From an operational perspective, the price is still below the trend line, which provides an opportunity to short on rallies. Consider entering short positions in the 0.4084-0.4157 area, with a stop-loss placed safely above 0.4170. The target is to capitalize on the downward movement.
However, be aware of a risk point: the MACD histogram shows positive signals, indicating that the rebound energy is accumulating. If the price breaks through 0.4165, it is very likely to reverse quickly toward around 0.4500, so watch out for such rapid reversals.
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ShibaMillionairen't
· 01-11 06:12
The bears are tired, and MACD is starting to stir. I'm a bit hesitant about this rebound energy.
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MetaverseHomeless
· 01-11 00:17
Down again, the bear market isn't over yet
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The 0.41 threshold seems hard to hold, need to watch out for that MACD reverse signal
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Short on rallies? Bro, can this wave withstand the rebound to 0.4500
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An 11% drop isn't a big deal, just worried about a quick reversal that eats up the stop-loss in one bite
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Feels like we should either wait for 0.3150 to see the real picture or wait for the reverse squeeze at 0.45
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The MACD positive signal is interesting, be careful when shorting
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Is shorting at this position worth the risk-reward ratio? Is it really profitable?
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Is there still downward momentum, or is it about to bottom out?
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A breakout above 0.4157 could be explosive; this divergence in expectations is a bit risky
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FancyResearchLab
· 01-08 16:54
Here we go again, the MACD histogram starts to reverse? Now I’ve got it figured out. First, I set a short position at 0.4157, but it quickly reversed and shot straight to 0.45. Lu Ban No.7 is working on construction again.
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FlatlineTrader
· 01-08 06:54
The bearish momentum isn't strong enough yet. The MACD signal is a bit annoying. Be cautious with short positions around 0.415.
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BtcDailyResearcher
· 01-08 06:49
Can the bears hold on? I feel like the MACD signal is a bit risky.
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ImpermanentPhilosopher
· 01-08 06:39
Is a short trap coming? The MACD signal looks a bit suspicious.
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CoconutWaterBoy
· 01-08 06:36
How long can the bears hold out? The MACD is accumulating rebound momentum.
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PumpBeforeRug
· 01-08 06:27
Down another 11%, do the bears still need to keep pushing? If this MACD rebounds, I'm done for.
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DegenMcsleepless
· 01-08 06:27
Wait, the MACD signal seems to be misleading. It accumulates rebound momentum and then reverses quickly? That logic seems a bit flawed.
BREV 15-Minute Trend Analysis
The current quote is at 0.4081, a decline of nearly 11%. The bearish trend is still ongoing, and the technical analysis has completed 48 candlesticks.
From the support levels, the lower supports are distributed at 0.4014, 0.3306, and 0.3150. The resistance zone upward is quite clear—0.4084 to 0.4157 is the key resistance band, and above that is the 0.4200 threshold.
From an operational perspective, the price is still below the trend line, which provides an opportunity to short on rallies. Consider entering short positions in the 0.4084-0.4157 area, with a stop-loss placed safely above 0.4170. The target is to capitalize on the downward movement.
However, be aware of a risk point: the MACD histogram shows positive signals, indicating that the rebound energy is accumulating. If the price breaks through 0.4165, it is very likely to reverse quickly toward around 0.4500, so watch out for such rapid reversals.