2026-01-12 02:31:53

$SPSC just played out the breakdown we were tracking. Looking ahead, I'd expect to see some consolidation happening between the 0.78 and 0.61 fibonacci levels.

The fact that price already bounced higher from that zone is actually a positive signal—shows there's real buying interest sitting down there.

Chances are solid we'll test that range again before the next move. Keep your alerts on if you're watching this one. The setup's worth monitoring closely.

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.

11 Likes

Reward
11
6
Repost
Share

Comment

0/400

FrontRunFighter

· 8h ago

ngl the bounce from that zone smells fishy... who's really buying down there? whales accumulating before the next leg up or just algos painting the tape? need to dig into the on-chain data before i'm convinced this isn't another liquidity grab

Reply0

MevTears

· 8h ago

This rebound is real, and the buying power at the bottom is indeed there.

View OriginalReply0

WhaleShadow

· 8h ago

Wow, there are really people buying the dip at 0.61.

View OriginalReply0

SurvivorshipBias

· 8h ago

I've been watching the 0.61 to 0.78 range for a while. When it rebounds, I know there's support at the bottom. If it drops back down this time, I'm going all in.

View OriginalReply0

rugpull_survivor