From a technical perspective, the Bollinger Bands have already opened, with the upper and middle bands both slanting upward. This is a clear bullish signal. Market attention to the funds in the trading range is also high—24-hour trading volume has dropped to 175.424 billion, indicating ongoing market participation. The support below is also strong, which is a good sign.
More importantly, the price is currently firmly above the middle Bollinger Band (0.001153), with a clear support level. The resistance above is around 0.001261. From a technical standpoint, this structure is worth paying attention to.
In the short term, if funds continue to flow in, this could indeed be a bullish opportunity. Of course, trading always involves risks, so proper risk management is essential.
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Tokenomics911
· 17h ago
Bollinger Bands opening makes me want to go long? Brother, I've seen this trick too many times
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The trading volume is pretty good, but watch out for a dump
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The middle band holding steady, is it that simple? I’d rather wait for a breakdown to confirm
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175.4 billion in trading volume, the signal of funds entering is quite clear
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No problem with the technicals, just afraid no one is willing to take the other side
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Good risk control is well said, too many people suffer heavy losses because of this
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Strong support is real, but the rebound can easily be pushed back down
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Whether this support level is reliable depends on the subsequent trend
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Bullish opportunity? I’m more concerned about when the breakout will happen
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Bollinger Bands opening is usually a false breakout, it depends on whether the volume cooperates
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BagHolderTillRetire
· 01-20 23:02
The Bollinger Bands opening signal is indeed clear, but I still doubt whether this wave can hold up.
With over 170 billion in volume, it feels a bit fake. How much real gold and silver has actually entered the market?
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GasFeeLover
· 01-20 15:52
When the Bollinger Bands open, I think of the last time I got trapped. Can it be different this time?
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175.4 billion in volume, sounds good, but I don't know if it's genuine participation or just wash trading.
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Staying at the midline? To me, it looks more like a dead zone of repeated tug-of-war.
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Bullish opportunities are bullish opportunities, but I'm just worried about getting smashed once I enter. How should I put it?
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Risk control, risk control, I'm tired of hearing it. How many people actually cut losses?
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That resistance at 0.001261, I've hit it before. Whether it breaks or not depends on the volume afterward.
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Strong absorption? To me, it looks more like accumulating chips before a dump.
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Short-term bullish? I dare not bet on it. The last lesson is still fresh.
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When funds enter, it rises. I've seen this story a hundred times.
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Talking like that, it feels like they're setting me up.
View OriginalReply0
MultiSigFailMaster
· 01-20 15:52
When the Bollinger Bands open up, I think of the last time I got trapped; still, volume has to speak for itself.
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CompoundPersonality
· 01-20 15:39
The Bollinger Bands are opening up. This move doesn't look bad at all.
But to be honest, the 175.4 billion trading volume sounds quite impressive, just worried it might be a fleeting spike.
If the midline holds, continue to look bullish; if it breaks, then reassess.
View OriginalReply0
NFTragedy
· 01-20 15:35
Is the Bollinger Bands opening really a confirmation of a bullish trend? Why do I still see the candlesticks oscillating?
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TerraNeverForget
· 01-20 15:30
The Bollinger Bands opening this time is indeed interesting, but I'll still wait before entering.
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SerumSquirrel
· 01-20 15:24
The Bollinger Bands have opened again. Every time I see this, I think of the experience of getting trapped last time haha
MEME's recent performance is quite interesting.
From a technical perspective, the Bollinger Bands have already opened, with the upper and middle bands both slanting upward. This is a clear bullish signal. Market attention to the funds in the trading range is also high—24-hour trading volume has dropped to 175.424 billion, indicating ongoing market participation. The support below is also strong, which is a good sign.
More importantly, the price is currently firmly above the middle Bollinger Band (0.001153), with a clear support level. The resistance above is around 0.001261. From a technical standpoint, this structure is worth paying attention to.
In the short term, if funds continue to flow in, this could indeed be a bullish opportunity. Of course, trading always involves risks, so proper risk management is essential.