NAORIS's recent trend remains quite weak, and from a technical perspective, there is significant resistance.
The price has already broken below the key moving averages EMA5, EMA10, and EMA20, indicating that the short-term bearish trend is indeed dominant. On the indicators, the MACD is also weakening, with the DIF value (-0.00072) already below the DEA (-0.00051), and the histogram turning green, suggesting that the selling momentum is ongoing.
From the intraday performance, the price has fallen from the high of 0.06415, with a decline of nearly 21%. This correction scale is also considerable. The profit-taking pressure in the market continues, and the short-term rebound momentum seems somewhat insufficient.
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shadowy_supercoder
· 11h ago
Damn, falling below so many moving averages again, this pace is really uncomfortable.
NAORIS's 21% drop this time, anyone would be bleeding from the mouth.
Wait, do we really need to keep pushing? Feels like the selling pressure never ends.
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MissedAirdropAgain
· 11h ago
It has fallen below the moving average again. Is this really the break this time?
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MACD is all green, the bears are still pretending to be strong.
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A 21% drop, damn, who can withstand this?
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Profit-taking is still selling off, what kind of rebound is this?
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EMA is completely broken, I think this is just the beginning.
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DIF has already fallen to that level, how do you play this?
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Another day of bloodshed...
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The bearish momentum looks really fierce, but can it last?
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Fallen 21% and still going down, I'm really drunk.
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Forget it, let's wait for the bottom to talk. Buying now is just giving away.
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This correction isn't over yet, when will it stabilize later?
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LiquidityWizard
· 11h ago
tbh the DIF-DEA spread is so tight right now it's basically screaming capitulation... -0.00072 vs -0.00051? statistically speaking that's like watching paint dry but in red 💀
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BetterLuckyThanSmart
· 12h ago
Naoris this wave is indeed tough, breaking below the three lines makes it feel like there's no support left.
A 21% drop is neither big nor small, but the question is, where is the bottom?
MACD turning green is just ridiculous; short-term rebound momentum is indeed insufficient.
Let's wait and see if it can stabilize at some point, otherwise, continuing downward will be troublesome.
This kind of movement is really uncomfortable; let's observe for now.
NAORIS's recent trend remains quite weak, and from a technical perspective, there is significant resistance.
The price has already broken below the key moving averages EMA5, EMA10, and EMA20, indicating that the short-term bearish trend is indeed dominant. On the indicators, the MACD is also weakening, with the DIF value (-0.00072) already below the DEA (-0.00051), and the histogram turning green, suggesting that the selling momentum is ongoing.
From the intraday performance, the price has fallen from the high of 0.06415, with a decline of nearly 21%. This correction scale is also considerable. The profit-taking pressure in the market continues, and the short-term rebound momentum seems somewhat insufficient.