2026-01-18 19:36:52

PATH's technical setup is showing weakness right now. The high-volume breakdown through the 0.236 log Fibonacci level is a red flag that suggests downside pressure building. If this support breaks decisively, we could be looking at a move toward the Ichimoku cloud resistance around $12.60. The selling pressure on high volume makes this scenario pretty likely to play out over the near term.

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GasFeeSobber

· 5h ago

Break below the support? Are we going to plunge again? PATH really can't hold this time.

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RektCoaster

· 5h ago

Breaking below Fibonacci 0.236 at a high level, this PATH is really going to plunge. It seems we need to hold the 12.60 line.

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NotFinancialAdvice

· 5h ago

It's Fibonacci again and cloud charts again, PATH is this going straight to 12.60? High volume breakdown sounds really uncomfortable.

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TestnetScholar

· 5h ago

It's a bit heartbreaking. Is this wave of PATH really going to drop? The high-volume trading has broken through the Fibonacci level, and it seems like it might continue to grind downward...

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MemecoinTrader

· 5h ago

ngl the fib breakdown is textbook bearish sentiment cascade... watch how quick the narratives flip once $12.60 cracks. that's when the real alpha moves happen fr fr

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DataPickledFish

· 6h ago

It's the same pattern of breaking below at a high level again. PATH might be headed down this time.

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0xLuckbox

· 6h ago

Hmm... The high-level break below the Fibonacci level makes me feel that this wave of PATH is really a bit risky.

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