RDW faced significant resistance at $11.85. After being precisely rejected at this key level, the price sharply declined, retracing most of its losses during the trading day, ultimately closing down 3%.
Currently, RDW is in a typical range-bound pattern, with no strong breakout signs. The bulls and bears are still battling around $11.85, with clear resistance above and some support below. In the short term, without a breakout with increased volume or external catalysts, the price may continue to consolidate within the established range, and investors should patiently wait for clear directional signals.
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GreenCandleCollector
· 01-13 17:50
11.85 this level is really tough, continuously suppressed, feeling like the bulls are losing patience
Wait, is this drop a real decline or just a shakeout?
We're about to bottom out again, this rhythm is really a bit torturous
Where's the promised breakout? Maybe just stay flat for now
Looks like we need a real catalyst to move
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DeFiDoctor
· 01-13 16:04
The medical record shows that the patient with RDW indeed has very typical clinical manifestations—struggling repeatedly to get past the $11.85 threshold, indicating that resistance is still insufficient.
A 3% decline is not fatal in itself, but the key is this grinding process... It is recommended to regularly recheck liquidity indicators to prevent the symptoms of capital outflow from worsening.
If you ask me, the biggest concern now is the lack of external catalysts—without them, we’ll just be stuck grinding within this range, which tests patience especially.
Wait, is the support below really stable? That’s the key to determining the prognosis.
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zkNoob
· 01-13 16:03
11.85 this level really can't hold, it was smashed down again
rdw still needs to keep grinding, without any positive news, it can't break through
Really annoyed by this range-bound fluctuation, when will there be a clear signal
Feels like we still need to wait, no rush to get in
I advise everyone not to rush, this wave clearly hasn't been fully explored yet
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SolidityStruggler
· 01-13 15:49
11.85 is really a tough barrier, neither bulls nor bears have any strength
Waiting for increased volume, otherwise it's just boring back-and-forth
It's another day of grinding at the bottom, speechless
When will this repeated tug-of-war finally determine a winner...
Hope it breaks out early, I can't stand this stalemate feeling
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MidnightMEVeater
· 01-13 15:34
Good morning everyone, the 11.85 level is truly a perfect sandwich, with the bears throwing a feast here.
Bottoming out? No, this is just a liquidity trap, a routine show in the robot paradise.
Waiting for a signal? Wake up, buddy. Signals often only appear the moment they are eaten.
The real arbitrage zone is right here in this ghost town, see who can't hold out against the time cost.
11.85 is just like that, the outcome has long been decided in the dark pool, retail investors are still waiting on the ground for dawn.
RDW faced significant resistance at $11.85. After being precisely rejected at this key level, the price sharply declined, retracing most of its losses during the trading day, ultimately closing down 3%.
Currently, RDW is in a typical range-bound pattern, with no strong breakout signs. The bulls and bears are still battling around $11.85, with clear resistance above and some support below. In the short term, without a breakout with increased volume or external catalysts, the price may continue to consolidate within the established range, and investors should patiently wait for clear directional signals.