Regarding the future direction of Nova, I would like to share some technical insights.



From the current perspective, whether the market is bullish or bearish, I expect an initial rejection at the key level of 100k.

My reasoning is as follows: even if we continue to break upward, and this is not just a technical rebound, I still anticipate encountering resistance in this area. Similarly, if the current trend is a rebound, 100k remains a noteworthy resistance level. In other words, regardless of the short-term pattern, this price level could become a battleground between bulls and bears.
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.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
ShadowStakervip
· 4h ago
100k acting as a fulcrum feels lazy tbh... every analyst and their validator's watching that level. the real question is whether we even get there or if this resolve breaks before we test it
Reply0
ImpermanentLossEnjoyervip
· 4h ago
That 100k hurdle really can't be bypassed; both bulls and bears have to look at its face.
View OriginalReply0
NFTFreezervip
· 4h ago
That 100k hurdle really can't be bypassed; both bulls and bears have to bow their heads and behave.
View OriginalReply0
MissedAirdropBrovip
· 5h ago
100k is really an insurmountable hurdle; both bulls and bears have to wrestle here.
View OriginalReply0
MEV_Whisperervip
· 5h ago
100k really is a hurdle that can't be avoided. This guy's analysis is spot on. --- It's the same logic again, both bulls and bears are stuck at the same point, really nothing new. --- Wait, is it a rebound or a breakout? What should we do at 100k? --- Hey, this brother's words are confusing me a bit. Do both bulls and bears have to take a hit? --- I've known about the 100k position for a long time. The question is, who breaks first and who breaks later? --- Sounds like no matter how it rises or falls, it has to hit that point. That's interesting. --- I've heard this technical theory a thousand times. Just waiting to see how 100k is played out. --- Is it always a key level no matter what? Brother, you're playing Tai Chi.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)