Recently analyzed some market data and found that this token is in a quite delicate position on the 15-minute timeframe. The integrity of the upward trend has already shown cracks, and the support levels are under test.



Interestingly, regarding liquidity—currently, the order book depth is shallow, which usually indicates that large funds are still on the sidelines and there are no signs of significant entry. In other words, it’s unlikely to see a sharp surge in the short term.

From the perspective of position structure, the pressure on the bulls is indeed increasing. Once the support breaks, liquidations could trigger a chain reaction. However, caution is advised during such times, as markets often reverse under extreme emotions.

The key is to keep an eye on that support level and see if it can hold. If it really collapses, the subsequent downside could be quite substantial. But this depends on volume confirmation; a price decline alone isn’t enough to confirm the situation.
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ScumbagsEarnUvip
· 01-07 01:03
That one.
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BTCWaveRidervip
· 01-07 00:51
If the support level is truly broken, be careful of a chain reaction of liquidations. --- With such poor liquidity, large funds are obviously still hiding. Don't rush to buy the dip. --- I just want to know when we can see trading volume to match; just the price drop doesn't count. --- The 15-minute position is really uncomfortable; the bullish pressure is huge. --- I've seen reverse trends happen several times; don't be fooled by extreme emotions. --- Still, you need to hold that support line firmly; once it collapses, the downside space will be significant. --- In this market, trading really requires caution; a reversal can happen at any time. --- What does shallow order depth mean? Big players are just watching the show. --- If the decline really happens, whether there's volume to support it is a completely different matter. --- Whether the support holds or not, that's the key; everything else is just talk.
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WhaleWatchervip
· 01-07 00:35
Breaking support means it's over. I bet five bucks it'll reverse and go up haha --- It's the same old theory, let's wait and see the trading volume, right now it's all talk --- Liquidity is extremely shallow, big players are indeed still sleeping --- I believe in that sudden reverse movement, the market loves to do reversals --- What's the use of watching the support level? Whether it drops or not, technical analysis is useless --- The chain reaction of liquidations is spot on, it scared me with cold sweat --- That subtle position just means I don't know which way it will go, honestly --- Large funds are just waiting and watching, retail traders lose the most when they operate at this time --- Price decline + trading volume is necessary, I agree, single candlesticks are misleading --- Is the support level made of paper? Breakouts are only a matter of time --- Wait, is this the bottom or is it still crashing? I really can't understand --- Increased bullish pressure doesn't mean it's going to fall immediately, your logic has some issues --- Reversal? Rise or fall? I don't believe anything right now
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