The 4-hour level decline reached 7.03%, with the price briefly touching a low of $2910. After a brief dip below the lower Bollinger Band, a rapid rebound occurred. Currently, it is trading at $2967, forming a technical divergence signal. This low point resonates with the key support level of the previous oscillation platform, and the support's validity is being tested.
Consort Queen's Trading Suggestion: Pullback around 2940-2880, with a bullish outlook targeting 3050-3150.
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.
January 21 Consort Queen's Incident Thinking
The 4-hour level decline reached 7.03%, with the price briefly touching a low of $2910. After a brief dip below the lower Bollinger Band, a rapid rebound occurred. Currently, it is trading at $2967, forming a technical divergence signal. This low point resonates with the key support level of the previous oscillation platform, and the support's validity is being tested.
Consort Queen's Trading Suggestion: Pullback around 2940-2880, with a bullish outlook targeting 3050-3150.