The initial upward momentum failed to sustain, and buyers seem unwilling to defend the rally after the rebound. The rebound volume is weak, and the MFI indicates clear outflows, showing signs of weakness. Supply feels heavy, and selling pressure is gradually increasing, which typically favors the continuation of a downtrend as long as sellers remain active.
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.
$FIGHT The rebound is losing momentum, and sellers are testing near key resistance levels.
Go short on $FIGHT now.
Entry: 0.00700 – 0.00720
Stop Loss: 0.00725
First Target: 0.00685
Second Target: 0.00650
Third Target: 0.00630
The initial upward momentum failed to sustain, and buyers seem unwilling to defend the rally after the rebound. The rebound volume is weak, and the MFI indicates clear outflows, showing signs of weakness. Supply feels heavy, and selling pressure is gradually increasing, which typically favors the continuation of a downtrend as long as sellers remain active.
Trade here $FIGHT 👇