Let's take a look at the key levels on this chart.
**Support** currently has no clear support holding, but the price is firmly stuck below the downtrend line, and the bulls are tentatively trying to rebound. As long as it can stay above 0.03762, we can take a small position to gamble on a rebound, with the target near the resistance zone around 0.0389.
On the resistance side, the levels are relatively clear, at 0.03892, 0.03982, and 0.04013.
**Risks to watch out for**—once the defense line is broken, the consequences could be serious. It might accelerate the decline to the previous low of 0.03659, which can be considered the life-and-death line for bulls and bears. To avoid getting trapped, you must follow stop-loss operations closely and not rely on luck.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
14 Likes
Reward
14
5
Repost
Share
Comment
0/400
WhaleMinion
· 01-08 16:30
If this 0.03762 level breaks, I really need to run. I didn't run last time and got trapped until now.
View OriginalReply0
GrayscaleArbitrageur
· 01-08 07:02
0.03762 is the threshold that must be held, otherwise it will directly fall to the life-and-death line.
View OriginalReply0
FrontRunFighter
· 01-08 06:59
ngl, this whole setup screams manipulation to me... 0.03762 is basically where the whales are painting the chart. they're gonna let retail think there's a bounce, then flash crash it down. seen this exact pattern before during the sandwich attacks back in 2021.
Reply0
RetiredMiner
· 01-08 06:45
0.03762 must be firmly held; if it breaks, it will head straight to the death line. I don't believe it can rebound.
View OriginalReply0
LiquidationAlert
· 01-08 06:34
The 0.03762 line is really holding tight, it feels like it could break at any moment.
Let's take a look at the key levels on this chart.
**Support** currently has no clear support holding, but the price is firmly stuck below the downtrend line, and the bulls are tentatively trying to rebound. As long as it can stay above 0.03762, we can take a small position to gamble on a rebound, with the target near the resistance zone around 0.0389.
On the resistance side, the levels are relatively clear, at 0.03892, 0.03982, and 0.04013.
**Risks to watch out for**—once the defense line is broken, the consequences could be serious. It might accelerate the decline to the previous low of 0.03659, which can be considered the life-and-death line for bulls and bears. To avoid getting trapped, you must follow stop-loss operations closely and not rely on luck.