2026-01-21 05:20:54

The latest trend of a certain cryptocurrency in the USDT trading pair is worth paying attention to.

After a sharp sell-off at the high point of 0.20, the price attempted to enter the weak rebound zone of 0.174–0.176 but quickly stalled—this is an important signal. Looking at the chart structure, it forms lower highs, which is more like distribution rather than reversal, indicating that the main force is still offloading at high levels.

From a technical perspective, there is no reason to go long against the trend here. Continuing to look for short opportunities is the correct stance.

**Trading strategy reference:**
- Entry range: 0.1735–0.1760
- First target: 0.1680
- Second target: 0.1620
- Third target: 0.1550
- Stop loss set at: 0.1810

**Market outlook:**
As long as it stays below 0.176, continue to be bearish. The key is whether the price can regain the rebound high—if it cannot, downward pressure will persist. Conversely, if it breaks above 0.181, the short setup becomes invalid, and deeper pullbacks should be anticipated.

Currently, patience is needed, waiting for the downward trend to continue.

View Original

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.

13 Likes

Reward
13
7
Repost
Share

Comment

0/400

CommunityWorker

· 01-21 19:17

The main force is selling off at high levels again. I'm tired of this routine... Let's wait until it drops to 0.155 before considering.

View OriginalReply0

DeFiCaffeinator

· 01-21 05:51

If 0.176 can't be broken, then this wave indeed needs to continue smashing.

View OriginalReply0

ExpectationFarmer

· 01-21 05:50

0.176 didn't hold again, the main force is really dumping.

View OriginalReply0

liquidation_watcher

· 01-21 05:49

The main force is unloading at the high level of 0.2. It's okay to be bearish this wave; I'm just worried it might be a trap to lure in stops again.

View OriginalReply0

WalletManager

· 01-21 05:48

0.176 must be held at this critical level; signs of main force offloading are obvious. Let's continue to hold tight to the shorts.

View OriginalReply0

BearMarketSurvivor

· 01-21 05:48

0.176 If we can't hold it, we'll have to keep watching. The main force's dump this time is really fierce.

View OriginalReply0

ForkThisDAO

· 01-21 05:34

It's another show of the main force offloading. Continuing to look bearish below 0.176 is correct, but whether this thing can break 0.162... to be honest, it's a bit uncertain.

View OriginalReply0