2026-01-19 04:31:10

Seeing the market in the red doesn't mean panic; this is not a sell-off but a shakeout!

This coin was soaring to a high of $1.05 yesterday, but today it has retraced to $0.86. Don't worry, such quick adjustments after a rapid rise are normal — the market is giving those who want to buy a chance.

The key is to keep an eye on the support level. From the chart, the 7-day moving average (MA 7), the yellow line, is quite important. As long as the price stays above this line, the possibility of a rebound is high. From a technical perspective, this short-term retracement is often a necessary step in the medium-term upward trend.

If you want to participate, consider looking for opportunities near the support level. The market always rewards patient traders amid volatility. Stay rational, monitor key technical indicators, and this is the right way to approach it.

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DegenApeSurfer

· 3h ago

It's the same old story, manipulation and washout, and in the end, it's just to trap retail investors. Falling from 1.05 to 0.86, oh my, what a drop. Do you call this an opportunity? I call it being trapped. Who knows if the support level will hold or not, but anyway, I can't hold onto my wallet anymore.

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GateUser-a180694b

· 3h ago

Accumulating, accumulating, still accumulating, doing it every day. I really don't have the money to keep accumulating anymore.

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MEVHunterNoLoss

· 3h ago

The phrase "shakeout" has been heard too many times; if a rebound is truly coming, it would have already happened. After falling so much, claiming there's still a chance to get in early sounds more like self-comfort. If MA7 can't hold, then it just keeps falling. Support levels are always the same old tricks—when has it ever been this precise? Let's just watch and see what happens; as long as we avoid getting chopped up, that's fine.

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MemeCurator

· 3h ago

Hey, isn't this just the usual pump and dump scheme? Yesterday 1.05, today 0.86. It's called a shakeout in nice terms, but it's really just the blood and tears of the bagholders. Support levels, support levels. Every time they say hold, but as soon as it breaks, it plunges straight to the core of the earth.

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ChainWallflower

· 3h ago

Just shake out the weak hands, it's not the first time I've been trapped anyway haha From over one cent down to over eight tenths, my mindset is really steady Let's see if MA7 can hold, otherwise keep exploring downward

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