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.
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CoinBasedThinking
· 9h ago
If the support can't hold, it will really be smashed; don't think about any reversal.
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Liquidated_Larry
· 12-16 16:58
Whether the support holds or not is the real issue; don't talk to me about mechanical price actions.
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Anon32942
· 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
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.