2026-01-18 22:24:20

Weekly Index Status

The charts provide a clear picture. The main trend starting from the 10900 level has comfortably surpassed the 11549 and 12376 resistances, approaching the 12800 region, which is the target of the pennant formation. This level, which has not been broken, is expected to be tested seriously.

In this critical area, the market may move somewhat sensitively. There is a high likelihood of consolidation between 12800-12900. It is natural for the price to struggle here. It is possible to see selling pressure—however, since the upward trend momentum has not yet been broken, it is worth waiting.

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.

12 Likes

Reward
12
3
Repost
Share

Comment

0/400

MEVHunterBearish

· 01-18 22:52

12800, this level needs to be watched closely; it feels like a break is imminent.

View OriginalReply0

OldLeekNewSickle

· 01-18 22:49

Whether this key level of 12800 can be broken is really hard to say. It feels like the project team only starts telling the story after pushing the price up to a high level—same old tricks.

View OriginalReply0

Rugman_Walking