2026-01-09 02:30:46

Watching some mainstream DEX governance tokens are quite aggressive. The price is being tightly suppressed by the 60-day moving average, and every rebound to 5.5 cannot break through, feeling like a ceiling. The technicals are also not optimistic—RSI hovers around 40, which is a typical weak zone; MACD lines are already rooted below the zero line, and those red bars can't support much.

Even more heartbreaking is the trading volume. Selling pressure has been persistent, and buying volume can't move the price at all, as if the market is frozen. This kind of downtrend with no volume is the most dangerous, often indicating there are more tricks up the sleeve. Once it breaks below the 5.385 support, it's hard to imagine where it will stop—possibly a free fall.

Currently, the price is at 5.467. From a technical perspective, the bearish opportunity window is opening. If you're bearish, entering now might have some merit. But remember, although this kind of volume-less decline has a clear direction, it's really hard to tell where the bottom is, so risk management is crucial.

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LiquidityOracle

· 01-11 19:57

5.5 Can't break through, this ceiling is a bit hard --- The most annoying thing about the downtrend is that it's hard to tell where the bottom is --- Risk management is the key, don't bet on the bottom --- RSI is already at 40, still want to rebound? Dream on --- Once 5.385 breaks, this thing will have no top, be cautious --- Trading volume freezing is ridiculous, no one cares in the market --- The short opportunity window is open, which is indeed interesting, but I am still observing --- With MACD like this, it's obviously a bear market rhythm --- The selling pressure is so heavy that it can't turn the situation around at all --- A direct free fall, a bit scary

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Token_Sherpa

· 01-10 20:43

ngl, that volume death spiral is chef's kiss for shorting mechanics—but the real question is tokenomics sustainability here. governance tokens without actual utility velocity just become ponzinomics with better marketing tbh

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FortuneTeller42

· 01-09 20:45

5.5 can't really break through, the ceiling is hitting really hard

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ETHmaxi_NoFilter

· 01-09 03:00

5.5 This ceiling really can't hold, I'm already tired of it --- The decline in trading volume is the most terrifying; who can pinpoint the bottom? --- Risk management? Come on, everyone was sleepwalking during this breakdown --- MACD like this really has no hope, might as well go all-in cash and wait --- Such fierce selling pressure indicates that institutions are also fleeing --- Breaking 5.385 means there's really no bottom to see, I'm a bit scared --- This wave of technicals is so bad, I've already set my stop-loss --- The ceiling is pressing down, why are there still people willing to buy? --- The decline in volume is the deadliest, a flash crash could happen at any time --- Buyers are really gone, with this trading volume, how can there be a rebound?

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BearMarketLightning

· 01-09 02:56

The relentless decline of Wulian is really the most torturous If 5.5 can't be broken, it's a dead end. Still hoping for a rebound? Dream on. With such low trading volume, get ready to brace for a free fall. There are still shorting opportunities in this wave, but risk control must be tight. RSI is stuck around 40, it's hard for me to watch.

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just_vibin_onchain

· 01-09 02:56

The ceiling really can't hold anymore, that 5.5 level feels like a dead knot --- The most terrifying part of the decline is that it feels like it could drop to 5.3 --- This coin is so weak, I think I'll stay on the sidelines for now --- Breaking 5.385 means free fall, it feels like no one dares to take the buy-in --- A shorting opportunity? If risk management isn't done well, it could explode right away, buddy --- With such strong selling pressure, the trading volume is still so sluggish, it's a bit scary --- Let's wait and see, wait for the bottom to become clear before making a move. Entering now feels a bit like gambling

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ShitcoinConnoisseur

· 01-09 02:53

Sticking firmly at the 5.5 level, it seems the main force is really gathering strength.

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RegenRestorer

· 01-09 02:51

This DEX coin has really been hammered hard; no matter how you try, you can't get past the 5.5 level. The selling pressure is so strong, yet the trading volume is so weak, it really feels dangerous. A decline with no volume is truly frightening; it's hard to say where the bottom is. Breaking below 5.385 would be the real trouble; at that point, no one can save it. Currently, bears do have a chance, but don't skimp on risk management.

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ShortingEnthusiast

· 01-09 02:50

5.5确实是堵墙，破不了真的有点悬 --- The most ruthless move in the decline of Wuliang, rebounds are all traps --- There are shorting opportunities, but I really don't dare to bet on this bottom --- RSI is also dead, the rebound is powerless --- Once it breaks below 5.385, it will be dangerous. Who will come to take over then? --- The trading volume doesn't cooperate, so the rebounds are all fake --- This wave is a bit like a dead duck stubbornly refusing to admit defeat, just a matter of time --- Risk management must be tightened, don't get hit by free fall

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SilentObserver

· 01-09 02:41

Breaking 5.5 is a joke; it's been obvious for a long time.

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