After consolidating for more than a day, we're waiting for a confirmed breakout signal. From a technical perspective, the 1M level should be the minimum target. As long as the volume supports it, the upward potential is still worth looking forward to.
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NftBankruptcyClub
· 01-20 13:43
If the trading volume doesn't match up, this wave will just be so-so.
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ChainWanderingPoet
· 01-18 23:47
Waiting for what, the trading volume hasn't kept up at all.
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DaoDeveloper
· 01-18 22:55
tbh the consolidation pattern here reminds me of the orderflow dynamics we see in governance token mechanisms - basically you're waiting for that liquidity threshold to break. 1M as the floor makes sense if the volume primitives align properly
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LiquidationWatcher
· 01-18 00:21
watched this exact pattern back in '22... volume's the real tell here, not the price action. seen too many rug-pull breakouts to get my hopes up without proper health factor checks on leverage positions, ngl. stay safe out there
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MetaMaskVictim
· 01-17 22:05
If trading volume doesn't keep up, even the best technical analysis is useless.
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BankruptWorker
· 01-17 22:04
Once the volume is in place, it's all good. The key is whether we can break through with increased volume today.
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NFTHoarder
· 01-17 21:58
Only with equal momentum follow-up will there be a chance. Right now, it's still in the wait-and-see stage.
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ContractFreelancer
· 01-17 21:52
It's nonsense if the trading volume can't pick up.
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GetRichLeek
· 01-17 21:49
Wait, wait, wait, it's the same old story. I heard this same explanation last time, and I ended up losing a lot haha.
After consolidating for more than a day, we're waiting for a confirmed breakout signal. From a technical perspective, the 1M level should be the minimum target. As long as the volume supports it, the upward potential is still worth looking forward to.