Yesterday's bearish forecast for this coin now seems completely correct. It dropped straight from around 0.50, and it looks like it will fall to about 0.37. Over the past couple of days, just watching the trend, you can feel it — the downward framework on the hourly and 15-minute charts is becoming clearer, the MACD has already crossed bearish, and the bearish momentum is still being released.
The market funds are also cooperating, with the contract side maintaining a strong bearish stance, and large traders continue to add to their short positions. Basically, it's a pattern of insufficient rebound volume followed by a sharp drop, which is a typical sign of trend weakening.
Those holding short positions can continue to hold, and entering short at the current price level is also fine, with a stop-loss placed above 0.40 for safety. The first target is around the 0.35 zone; if there's an effective breakthrough of this level, then testing the 0.30 support is highly probable. Yesterday's strategy has already been validated by the market, and today's downward move is actually more certain. If you grasp the rhythm well, don't fall behind.
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FOMOrektGuy
· 01-08 11:28
0.37 I've lost a few times on this, I won't dare anymore, better to wait and see.
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Ser_APY_2000
· 01-08 10:31
Damn, this pace is really incredible. Yesterday's prediction was spot on.
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Frontrunner
· 01-05 11:53
Yesterday's judgment was spot on. Now it looks like 0.37 is really going to break through; the sense of rhythm is incredible.
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CryptoMom
· 01-05 11:49
It's dropping again. I told you the bear market isn't over, and those trying to buy the dip are getting hammered.
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WhaleWatcher
· 01-05 11:49
Damn, it dropped again. I really didn't misjudge yesterday's move.
Keep holding the short position, see you at 0.35.
The big players are really ruthless, the trading volume is perfectly coordinated.
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ShibaSunglasses
· 01-05 11:39
No kidding, yesterday's judgment was completely on point with the rhythm. Watching the market now is just satisfying.
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NftRegretMachine
· 01-05 11:36
Wow, I didn't expect you to drop 0.50 directly. Now your analysis looks pretty interesting.
Yesterday's bearish forecast for this coin now seems completely correct. It dropped straight from around 0.50, and it looks like it will fall to about 0.37. Over the past couple of days, just watching the trend, you can feel it — the downward framework on the hourly and 15-minute charts is becoming clearer, the MACD has already crossed bearish, and the bearish momentum is still being released.
The market funds are also cooperating, with the contract side maintaining a strong bearish stance, and large traders continue to add to their short positions. Basically, it's a pattern of insufficient rebound volume followed by a sharp drop, which is a typical sign of trend weakening.
Those holding short positions can continue to hold, and entering short at the current price level is also fine, with a stop-loss placed above 0.40 for safety. The first target is around the 0.35 zone; if there's an effective breakthrough of this level, then testing the 0.30 support is highly probable. Yesterday's strategy has already been validated by the market, and today's downward move is actually more certain. If you grasp the rhythm well, don't fall behind.