2026-01-17 06:22:59

Speaking of the fundamentals of this coin, I've analyzed it quite a few times. But today I want to give a straightforward view from a technical perspective—short-term bearish.

How exactly to operate? First, focus on the previous low at 21.5. If it confirms a break below this level, it indicates that the downward momentum is still there, and you can consider adding to your position. Then keep an eye on around 19; when the price reaches this area, appropriately reduce some holdings to lock in profits.

The final target range is between 14 and 17. If it can fall to this level, it actually becomes a good opportunity to build a long position, allowing for phased deployment for a bullish move. The technical logic is this—break below the previous low → confirm the trend → gradually enter at low levels.

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.

11 Likes

Reward
11
5
Repost
Share

Comment

0/400

digital_archaeologist

· 9h ago

Hi, whether 21.5 breaks or not is the key, I feel like I need to wait a bit longer. --- This logic is clear, it just depends on whether the whales can honestly cooperate. --- If it really drops to 14-17, I’ll go all in directly. I don’t believe it can come back to life. --- I think reducing holdings at 19 is too greedy, worried about long nights and many dreams. --- Short-term bearish is fine, just afraid of a bottom rebound and a fake-out.

View OriginalReply0

SmartContractPhobia