2026-01-15 03:28:26

PEOPLE recently formed a quite standard round bottom pattern. After oscillating in the bottom area, the price successfully broke upward — this is a typical buy signal. From a technical perspective, multiple tests at the bottom and gradually narrowing volatility laid the foundation for this breakout. Once an effective breakout is confirmed, the space opens up and market bullish sentiment clearly warms up. From the current position upward, 0.012 is a relatively reasonable short-term target. Of course, after such a pattern breakout, attention should still be paid to the volume support; if the volume cannot keep up, it might be a false breakout. However, from the current trend, the bulls are indeed gaining strength.

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TideReceder

· 01-18 02:41

I have seen too many instances of bottom breakout patterns like this. The key is whether the trading volume can keep up; otherwise, it's just a routine. --- 0.012? Wait a moment, we need to see the trading volume to speak. I can't afford a false breakout. --- Bullish efforts are there, but whether this wave can stabilize depends on a few more candlesticks. Don't get too excited. --- Multiple tests at the bottom are indeed interesting, but I'm worried it's just a trap to lure more buyers. The market's tricks are too deep. --- Without matching volume, everything is pointless. I'm just waiting to see how it performs next.

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HappyToBeDumped

· 01-17 04:31

Breaking through the round bottom is a common tactic I’ve seen many times; if the volume can't keep up, it's still useless. --- 0.012? Let’s see if it can hold above 0.01 first. --- Another false breakout situation, waiting for confirmation. --- Bullish momentum? I don’t believe you, we’ll see during the pullback and sell-off. --- Testing the bottom so many times, the chips should be almost ready to change hands. --- Volume is the most honest indicator; no volume, no flight. --- The rhetoric sounds good, but I’m just worried it’s another scythe sharpening.

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ProbablyNothing

· 01-15 03:58

If the trading volume doesn't follow, there's no point in playing. This time, it depends on whether the trading volume can carry on the momentum.

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SchroedingerAirdrop

· 01-15 03:55

Breaking through the round bottom sounds good, but the trading volume really needs to be carefully checked to avoid another false breakout.

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DegenWhisperer

· 01-15 03:54

Circular bottom breakout? I've seen this trick too many times. If the volume can't support it, it's just a paper tiger.

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StakeTillRetire

· 01-15 03:48

Ha, another seemingly perfect bottom pattern. Every time I say this, the result is different. Let's wait until the volume confirms; fake breakouts are too common.

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TommyTeacher1

· 01-15 03:48

Circular bottom breakdown, volume needs to keep up, otherwise it's a false breakout again. I've seen too many of these.

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CryptoMotivator

· 01-15 03:32

Circular bottom + volume support, this bullish wave is really interesting. Looking forward to the 0.012 level.

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