$YALA The 5-minute short-term trend remains in a bullish channel, but alarm bells are ringing!🚨
Current price 0.01913, still above the trailing stop-loss line at 0.01886, but the gap has narrowed to 1.41%, approaching a critical level. More importantly, the MACD has shown a death cross signal!📉
Since the start of the rally, the price has reached a high of 0.01949, currently retracing 1.85%. The nearest resistance above is at 0.01923. If the trend line at 0.01886 is broken, the short-term upward structure may be disrupted.
**Market status: Uptrend stagnation, beware of trend reversal.** Bullish traders must hold the 0.01886 level, otherwise short-term momentum may weaken.
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$YALA The 5-minute short-term trend remains in a bullish channel, but alarm bells are ringing!🚨
Current price 0.01913, still above the trailing stop-loss line at 0.01886, but the gap has narrowed to 1.41%, approaching a critical level. More importantly, the MACD has shown a death cross signal!📉
Since the start of the rally, the price has reached a high of 0.01949, currently retracing 1.85%. The nearest resistance above is at 0.01923. If the trend line at 0.01886 is broken, the short-term upward structure may be disrupted.
**Market status: Uptrend stagnation, beware of trend reversal.**
Bullish traders must hold the 0.01886 level, otherwise short-term momentum may weaken.