2026-01-02 09:23:30

$BROCCOLI /USDT ‌

Current Price: ~$0.01777
24H Change: −1.16%
Market Structure: Lower highs + lower lows
Recent Action: Strong crash followed by weak consolidation

BROCCOLI has been in a clear downtrend after rejecting from the $0.021–0.022 zone. The recent sideways move around $0.018 is acting as a bearish consolidation, not a reversal.

On the 1H timeframe, bearish candles dominate, with buyers failing to reclaim key resistance levels — a classic continuation pattern to the downside.

Trade Setup (Short Bias)

• Entry Zone: $0.0179 – $0.0183 (pullback / rejection area)
• Target 1 🎯: $0.0170
• Target 2 🎯: $0.0162
• Target 3 🎯: $0.0150
• Stop Loss: $0.0189 (above consolidation high)

Trade Logic

Strong rejection from $0.021+ supply

Continuous lower highs confirm bearish control

Current price action = bear flag / distribution

No strong demand until $0.016–0.015

If $0.0176 support breaks with volume, downside acceleration is likely
Only a strong reclaim above $0.019 would invalidate this bearish outlook.
#GateCEO2025YearEndOpenLetter #BitcoinGoldBattle #DoubleRewardsWithGUSD #BTCMarketAnalysis #ETHTrendWatch

BROCCOLI-16.35%

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.