On November 27th at noon, I looked at the trend of #香港稳定币监管框架 .
In recent days, it has been climbing within an ascending channel. Although there are occasional pullbacks, the buying strength is quite solid. There is some room for a short-term rebound, but the resistance area above needs to be noted.
The red bars on the MACD are shortening, which may indicate that the upward momentum isn't as strong. Fortunately, a death cross hasn't formed yet, so the trend is still temporarily bullish.
Personal thoughts: Consider placing long orders around 860, targeting the 920 position. $BNB is worth paying attention to for its recent correlation.
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CryptoHistoryClass
· 11-30 06:21
*checks notes* ah yes, the classic "strong buyer pressure" narrative we saw right before the 2018 correction... history rhymes, doesn't it? MACD histogram shrinking is just fancy way of saying momentum's already fading lol
Reply0
BlindBoxVictim
· 11-27 12:04
Entering at 860 is real, just afraid of a pullback that makes my scalp tingle.
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CryptoWageSlave
· 11-27 08:11
If it's a 860 layout, we need to see if BTC is going to be strong first.
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MissedTheBoat
· 11-27 08:10
Entering at 860, I still feel a bit unsure. It seems this rebound could easily get dumped.
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BearMarketNoodler
· 11-27 08:09
860 layout long order? Buddy, there are quite a few buy the dip heroes in this plate, all waiting for the Rebound. When the red bars shorten, I start to worry, and you're making a fuss even before the death cross.
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GasWaster
· 11-27 08:08
ngl that 860 entry point is gonna cost me a fortune in bridge fees just to position properly... already checking gas tracker obsessively like some kind of degenerate
On November 27th at noon, I looked at the trend of #香港稳定币监管框架 .
In recent days, it has been climbing within an ascending channel. Although there are occasional pullbacks, the buying strength is quite solid. There is some room for a short-term rebound, but the resistance area above needs to be noted.
The red bars on the MACD are shortening, which may indicate that the upward momentum isn't as strong. Fortunately, a death cross hasn't formed yet, so the trend is still temporarily bullish.
Personal thoughts: Consider placing long orders around 860, targeting the 920 position. $BNB is worth paying attention to for its recent correlation.