The trend of FOGO requires close attention to two key support levels. The first is at 5706, where the buying capacity directly determines the strength of the short-term technical outlook. Looking further down, 5519 becomes the last line of defense—once broken, it could trigger further selling pressure. The effectiveness of these two support levels is important for investors' risk management, and it is worth continuously monitoring the market's performance at these price levels.
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.
16 Likes
Reward
16
8
Repost
Share
Comment
0/400
ser_ngmi
· 01-15 21:19
If 5519 is broken, we really need to be careful.
View OriginalReply0
GasWrangler
· 01-13 15:09
ngl, 5706 and 5519 are just arbitrary price points without actual on-chain volume analysis backing them up. where's the mempool data?
Reply0
DaddyCool
· 01-13 05:41
all in
Reply0
FOMOmonster
· 01-13 04:48
Breaking 5519 means disaster; this time, we really need to watch this line of defense carefully.
View OriginalReply0
SmartContractDiver
· 01-13 04:47
5519 has already been broken, and we're still talking about the defense line. No matter how you look at it, this wave has to continue downward.
View OriginalReply0
PerennialLeek
· 01-13 04:43
If 5706 can't hold, we're finished. 5519 really needs to pray that it doesn't break.
View OriginalReply0
GateUser-3824aa38
· 01-13 04:35
Whether 5706 breaks or not is a watershed; we really need to keep a close eye on it.
View OriginalReply0
LiquidationSurvivor
· 01-13 04:29
5519 is really the life-and-death line; once broken, it's time to directly buy the dip.
The trend of FOGO requires close attention to two key support levels. The first is at 5706, where the buying capacity directly determines the strength of the short-term technical outlook. Looking further down, 5519 becomes the last line of defense—once broken, it could trigger further selling pressure. The effectiveness of these two support levels is important for investors' risk management, and it is worth continuously monitoring the market's performance at these price levels.