2026-01-19 03:40:23

FC XPL chart action caught some attention lately. That double bottom pattern showing up isn't exactly something traders are gonna ignore. When price bounces off similar support levels twice, it typically signals potential upside momentum building. Whether it breaks through resistance or rolls over again—that's the play everyone's watching right now.

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GasFeeGazer

· 5h ago

Double bottoms are indeed easy to deceive, and you can easily get caught at a high position if you're not careful.

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ForkTongue

· 5h ago

Double bottom rebound is here again. I'm tired of this routine. If it really breaks the level, let's talk about it then.

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GameFiCritic

· 6h ago

Double bottom is indeed a classic signal, but the key is to see how well the trading volume cooperates. Having only the pattern without volume support makes this rebound easily a false breakout, and at that point, the stop-loss will just be triggered by the herd mentality.

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gaslight_gasfeez

· 6h ago

Double bottom rebound, this time it would be embarrassing if it can't break through the resistance level.

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HodlKumamon

· 6h ago

Double bottom rebound: the data shows that the probability of a successful breakout is about 68%, but the bearish trend still recommends observing the trading volume cooperation first(◍•ᴗ•◕)

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GateUser-7b078580

· 6h ago

Wait a bit longer. Historical data shows that this double bottom has appeared repeatedly, but on an hourly basis, 60% of the time it still dropped... Although the chart looks good, the unreasonable mechanism makes me think we should keep observing.

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