2026-01-08 16:23:40

Looking at the trend of this coin, from a technical perspective, the pressure is quite significant. The short-term moving averages are all aligned in a bearish pattern, and the price is being firmly held down.

The indicator side is quite interesting——RSI has already dropped to 18.2, which is definitely an extreme oversold signal. According to conventional logic, a rebound should occur. But the problem is that the MACD is still maintaining a death cross below the water, and the downward momentum has not weakened at all, showing no signs of exhaustion. Therefore, even if a technical rebound occurs later, it is only an opportunity for the bears to continue building positions.

The current price is at 5.480. From a short-term perspective:
- The recent resistance level is at 5.595 (5-day moving average)
- If the decline continues, the first target is at 5.385
- Further down is at 5.331

If you want to participate, setting a good stop-loss is crucial. The line in the sand is above 5.820; it must break out above that level.

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MindsetExpander

· 01-09 15:58

The bears are so fierce, RSI is at 18.2 and it still doesn't bounce, MACD is not cooperating... Honestly, I'm a bit scared. --- The key level at 5.385 is hard to hold, every rebound gets crushed, feels like it will continue to test the bottom. --- Stop loss below 5.820, exit immediately. Either I can't afford to lose this amount, or I'm afraid of getting trapped even deeper... --- The death cross not being exhausted looks uncomfortable; better wait and see. --- According to your logic, a rebound means the bears are absorbing the supply, right? So, is there still a chance for retail traders to participate?

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SolidityStruggler

· 01-08 16:53

This RSI has already broken 18 and still not rebounding, MACD is still showing a death cross... Damn, it's really the bears疯狂抛盘啊 --- I think 5.331 is going to be hit. The stop loss above 5.820 must hold this bottom line, otherwise the losses will be even worse --- Rebound? Haha, that's just the moment for the bears to take over, let's not overthink it --- All moving averages are in a bearish alignment, this is to wipe out retail investors, it looks really uncomfortable --- Extreme oversold conditions should rebound? Dream on, MACD not cooperating, everything else is pointless --- Break the 5.595 resistance level first, anything said now is premature, just waiting for the rebound to send us to death --- Damn, this rhythm, how fierce must the bears'仓位建得啊 --- Is stop loss really critical? Actually, what's more critical is not to enter, wait and see --- The 5-day moving average has become resistance, there really isn't much opportunity in the short term, let's wait and see

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AirdropHarvester

· 01-08 16:48

Handshake, RSI is so extreme and still dropping, indicating that the big players really don't want you to come out alive. A rebound? Ha, that's just an opportunity for the bears to extend their lives.

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BridgeTrustFund

· 01-08 16:45

RSI has broken bottom and still not rebounding, MACD dead cross is still holding its ground, it's really damn strange... Isn't this just a bear market疯狂吸筹?

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RugPullSurvivor

· 01-08 16:43

It's the same overbought rebound routine again, and the MACD is still showing a death cross. I don't believe it. RSI at 18.2 looks timid, but the downward momentum isn't weakening at all. That's ridiculous. Stop-loss must be strict; 5.820 is the bottom line, don't touch it unless necessary. It's too risky. Being pressed to the ground, still want to buy the dip? Wait and see, don't rush. The resistance levels are so dense, the rebound space is really limited. This trend feels a bit suffocating; better to stay on the sidelines in the short term.

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