ESPORTS recent trend has shown clear bearish signals. From a technical perspective, the MACD indicator has already formed a death cross, and the price pulled back after a rally. This combination of signals is quite classic — basically the standard setup for a short-term top.
Regarding key levels, the 0.54 threshold is currently under significant pressure. Multiple attempts to break through have been pushed back, indicating that the bulls are clearly losing strength here. Based on the current price, the opportunity to go short has already emerged.
The target is set at the support zone around 0.45. If the price can fall to that level, the downside profit potential is quite good. This level is an important previous support, and whether it can hold will reveal a lot.
Market opportunity windows won't last forever. With such obvious technical signals in front of you, missing them means waiting again.
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ProveMyZK
· 12h ago
It's the same old dead cross and top formation, I'm tired of hearing these explanations. Is 0.54 really that solid? It feels like every time they say so, it still breaks in the end.
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not_your_keys
· 15h ago
Death cross again, death cross again, every day a death cross, 0.54 is really a tough nut to crack
MACD is played out, the bulls are indeed out of strength, this wave of shorting still has a chance
Can 0.45 hold? We'll find out after looking, the previous support level was right there
Don't wait anymore, go in when there's a signal, anyway, you won't wait for many such opportunities in a month
It's already 2024 and you're still watching 0.54, feels like gambling
With this rhythm, a short-term drop to 0.45 isn't a big deal, just afraid of a rebound
Opportunity windows are actually always there, it all depends on whether you're brave enough to take the plunge
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BearMarketNoodler
· 01-04 14:49
Death cross is just a death cross, it's not the first time. The 0.54 resistance is so strong that it should have been obvious by now.
Trying to cut my leeks again, huh? By the time it hits 0.45, it might be a rebound point.
I'm staying on the sidelines this time. The technical signals are so perfect that it’s a bit suspicious.
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SigmaValidator
· 01-04 14:48
Still not running after the death cross, you insist on waiting for it to break 0.45.
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PumpBeforeRug
· 01-04 14:48
The death cross is back. Can it really break below 0.54 this time? Feels like I've said it so many times with no movement.
Is MACD just pretending to be dead here or is it really coming? See you at 0.45?
Another classic signal, another rhythm of chopping leeks haha.
If this thing really drops to 0.45, I'll buy the dip directly. Anyway, it's all losing money.
Always shouting about a shorting opportunity, but as soon as it rebounds, they start talking about a bullish story again.
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APY追逐者
· 01-04 14:47
The death cross is still bearish. Let's see if it can hold at 0.54.
It's the classic pattern again—rising sharply and then falling back, indicating a top? Maybe this time it can trick to 0.45 first.
Is the MACD death cross always this accurate? I don't think so.
If the bulls were truly exhausted, it would have collapsed at this level already. There's a decent chance of a rebound.
Let's wait and see. I feel there's still hope.
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ForeverBuyingDips
· 01-04 14:45
The death cross has appeared. If it can't break 0.54, it will have to drop further. The current space is still okay.
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ConsensusDissenter
· 01-04 14:29
The death cross is back again. Every time, it says top out and then rebounds, proving it wrong. When will players learn to cut losses?
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Is 0.54 too much pressure? I think it's the whales under pressure, waiting to harvest the little guys.
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Another MACD death cross, another target at 0.45. I'm tired of this rhetoric. If it really drops, it would be a miracle.
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The story of huge profits from shorting sounds great, but I don't know who the cannon fodder is.
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Opportunity window? The window has already been closed by the big players, alright.
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Rising then falling back? That's called a trap. Don't be fooled, brother.
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Support levels can't hold? Is this wave going to break the bottom?
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I just want to know if the person who wrote this article actually has a real short position.
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Such obvious technical signals, why write articles to remind people? Wouldn't it be better to quietly make a fortune?
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0.45? I bet it will drop to 0.4, then rebound to 0.6.
ESPORTS recent trend has shown clear bearish signals. From a technical perspective, the MACD indicator has already formed a death cross, and the price pulled back after a rally. This combination of signals is quite classic — basically the standard setup for a short-term top.
Regarding key levels, the 0.54 threshold is currently under significant pressure. Multiple attempts to break through have been pushed back, indicating that the bulls are clearly losing strength here. Based on the current price, the opportunity to go short has already emerged.
The target is set at the support zone around 0.45. If the price can fall to that level, the downside profit potential is quite good. This level is an important previous support, and whether it can hold will reveal a lot.
Market opportunity windows won't last forever. With such obvious technical signals in front of you, missing them means waiting again.