2026-01-02 07:20:34

50-day and 200-day moving averages just crossed into support zone. Worth considering long positions here? The trendline breakdown we've been watching shows a potential breakout setup. Keep an eye on whether price holds or bounces from these MA levels—could be a solid entry point if confluence holds.

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.

16 Likes

Reward
16
5
Repost
Share

Comment

0/400

GateUser-5854de8b

· 5h ago

The MA level is indeed in place, but I still think we need to see the strength of the break... Last time, a signal like this almost got me trapped and wiped out.

View OriginalReply0

SatoshiLeftOnRead

· 5h ago

Oh my, can we really hold this wave? It feels like every time we talk about confluence, it just drops straight down.

View OriginalReply0

MetaverseHermit

· 6h ago

Can this support level really hold? It feels like it will break sooner or later.

View OriginalReply0

NotAFinancialAdvice

· 6h ago

It's that time again: "Those who believe in moving averages make money, and those who don't believe make even more."

View OriginalReply0

SerLiquidated

· 6h ago

Well, this signal feels average. I've heard MA crossovers too many times, and every time there's a real bottoming opportunity, it's always broken through.

View OriginalReply0