2026-01-17 22:34:50

The daily chart is flashing bullish signals right now. A golden cross just formed—the shorter-term moving average broke above the intermediate-term MA, signaling a confirmed trend reversal rather than just a temporary bounce.

What's compelling here:

Lower lows aren't dropping anymore—higher lows are establishing themselves. Momentum is expanding across the board. The price is reclaiming those critical moving average levels that previously acted as resistance.

This isn't a dead cat bounce scenario. The structural shift in momentum and price action suggests a genuine trend change is taking hold.

The next resistance band sits in the $20–22 zone. How the market reacts at that level will be telling for continuation or pullback.

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NullWhisperer

· 10h ago

golden cross looks clean on the daily, but let's be honest—we've seen this movie before. structurally speaking, the MA alignment is interesting, higher lows holding so far... but $20–22 is where the real audit happens. if it breaks there without hesitation, maybe we're legit. if not? textbook rejection vector waiting to exploit the leverage traders. need further review on volume confirmation tbh

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fren_with_benefits

· 10h ago

The golden cross has really arrived; this wave is not just a simple rebound. --- The 20-22 level must be watched closely; only when it breaks does it count. --- Speaking of the structure, it is indeed a bit different now, not like the previous fake-outs. --- Wait, have the highs and lows really stabilized? I want to believe it but I'm afraid of getting trapped. --- The momentum is so strong, gotta watch out for a pullback, brother. --- The golden cross has only been confirmed for a few days; we still need to observe, no rush to buy in.

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MetaNomad

· 10h ago

The golden cross formation is real, but whether the resistance level at 20-22 can hold is the key... I also had high expectations last time.

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AirdropGrandpa