Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

$COMMON /USDT ‌



$COMMON is currently trading around $0.007341, slipping a bit in the last 24 hours as the market shows hesitation. After the recent failed breakout attempt and visible lower highs, the chart is throwing mixed but very real signals.

On the 1H timeframe, the candles are leaning bearish — the wicks on the upside and the lack of strong volume are hinting that momentum is slowly fading. Sellers are active, and unless bulls step in with strength, the chart could dip into deeper liquidity zones.

But here’s the interesting part…

Even with the current weakness, the market is sitting close to a decision level. One strong breakout can flip the entire structure and send it into an aggressive rally. This is the kind of zone where whales love to make moves.

Trade Setup (Based on Current Structure)

• Entry Zone: 0.00720 – 0.00732
(This is the key discount zone where buyers previously defended.)

• Target 1 🎯: 0.00748
(First bounce resistance.)

• Target 2 🎯: 0.00762
(Mini-breakout level.)

• Target 3 🎯: 0.00788
(If volume hits — rally zone.)

• Stop Loss: 0.00706
(Below the 24h low — invalidation point.)

Market Outlook

If COMMON breaks above 0.00750 with real volume, it can easily push into a bigger rally. But if price closes below 0.00720, the market might revisit lower bands, hinting at deeper correction.

This is a decision-point zone — and whichever side wins here will dictate the next big move.

Breakout = Momentum Wave

Breakdown = Liquidity Sweep
#FOMCMeetingMinutesComingUp #GovShutdownOfficiallyEnded #DecemberRateCutForecast #WhichSectorsAreYouWatchingIn2025? #FOMCMeetingMinutesComingUp
COMMON-6.78%
post-image
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.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)