TEL's sitting right at the critical zone. This selloff isn't driven by panic—it's purely mechanical price action testing key support. If this level holds and bears can't push through, you're looking at a sharp reversal. That's when sleepy charts suddenly come alive. Break through support though, and the momentum flips the other way fast. Either way, this is the spot that matters. Staying patient here beats chasing moves later.

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.
  • Reward
  • 3
  • Repost
  • Share
Comment
0/400
CoinBasedThinkingvip
· 9h ago
If the support can't hold, it will really be smashed; don't think about any reversal.
View OriginalReply0
Liquidated_Larryvip
· 12-16 16:58
Whether the support holds or not is the real issue; don't talk to me about mechanical price actions.
View OriginalReply0
Anon32942vip
· 12-16 16:56
Another critical point, I'm tired of hearing this phrase Supporting whether or not to hold, always with a smile, really exhausting Is this sell-off driven by mechanics or panic? Who the hell can tell the difference Everyone keeps talking about patience, but aren't the retail investors still chasing highs and selling lows? As for TEL, I really can't understand it anymore
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)