The current price has fallen to 0.13699, down 6.18% from the initiation point, and the bearish trend is still ongoing. However, the price is currently stable above the tracking line at 0.13512, which has become a key support level. It has already run through 54 K-lines, and the overall rhythm remains relatively weak.
**Key Support and Resistance** The support levels below are the tracking line at 0.13512 and the previous low at 0.13045. The resistance above is relatively dense, located around 0.14053, 0.14211, and 0.14490, with clear pressure.
**How to view the current situation?** Although the MACD has already formed a golden cross, the decline is still significant, and the momentum of the bears has not been fully broken. Aggressive traders may consider small positions to attempt a rebound, targeting the nearest resistance around 0.1405. However, conservative strategies should wait for more clear signs of a bottoming or reversal before taking action.
**What should be watched out for?** Although positive technical signals have appeared, they are likely just a rebound during the decline, not a true reversal. If the price breaks below the tracking line, the bearish momentum may accelerate again, so risk management is essential. Resistance above is heavy, making突破 difficult, and the operational space in this segment is limited.
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【C Coin Technical Brief】
The current price has fallen to 0.13699, down 6.18% from the initiation point, and the bearish trend is still ongoing. However, the price is currently stable above the tracking line at 0.13512, which has become a key support level. It has already run through 54 K-lines, and the overall rhythm remains relatively weak.
**Key Support and Resistance**
The support levels below are the tracking line at 0.13512 and the previous low at 0.13045. The resistance above is relatively dense, located around 0.14053, 0.14211, and 0.14490, with clear pressure.
**How to view the current situation?**
Although the MACD has already formed a golden cross, the decline is still significant, and the momentum of the bears has not been fully broken. Aggressive traders may consider small positions to attempt a rebound, targeting the nearest resistance around 0.1405. However, conservative strategies should wait for more clear signs of a bottoming or reversal before taking action.
**What should be watched out for?**
Although positive technical signals have appeared, they are likely just a rebound during the decline, not a true reversal. If the price breaks below the tracking line, the bearish momentum may accelerate again, so risk management is essential. Resistance above is heavy, making突破 difficult, and the operational space in this segment is limited.