2026-01-19 19:27:25

CLF recently formed a bullish engulfing candle that broke through key resistance, signaling renewed momentum from the bulls. The token successfully reclaimed the 200-day EMA, marking a potential shift in market sentiment.

Now the real test begins—price is approaching the descending trendline, a critical resistance zone where buyer conviction will be tested. This is the area where bulls need to prove their strength. If CLF can break through decisively, it could open doors to further upside. Otherwise, pullbacks might follow. Watch this zone closely for your next move.

TOKEN-6,73%

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

8 Likes

Reward
8
6
Repost
Share

Comment

0/400

bridge_anxiety

· 18h ago

Uh, if that trendline can't be broken, I guess I still need to reduce my position... If this is another false breakout, I'll just laugh.

View OriginalReply0

GateUser-26d7f434

· 18h ago

The 200-day moving average has been broken, but the real drama is still ahead. Let's see if this downward trendline can withstand and break through.

View OriginalReply0

CantAffordPancake

· 18h ago

Wait a minute, if this trend line can't be broken and it drops back down, it's so annoying.

View OriginalReply0

GoldDiggerDuck

· 18h ago

Oh come on, here we go again. Every time you say the key level has been broken... I don't believe you anymore.

View OriginalReply0

StableGenius

· 18h ago

ngl, the "real test" narrative is exactly how everyone gets liquidated lmao. bullish engulfing + 200 ema reclaim doesn't mean squat if volume's not there... empirically speaking, most of these chart breakouts fail spectacularly. but sure, let's pretend this time is different.

Reply0

SolidityNewbie