2026-01-11 18:35:33

CIFR showed considerable selling pressure last week, settling close to session lows. Price action caught between the 20-day and 50-day moving averages, while the exponential moving averages remain tightly compressed—hovering roughly $0.10 apart from each other.

Key resistance sits at $19.61 (red line). On the downside, the uptroping trend support holds near $15.30, which coincides with the previous all-time high of $15.39. This confluence zone could prove significant for buyers looking to defend the level.

The tight EMA setup suggests potential volatility ahead once the market finds directional conviction. Watch how price interacts with both support and resistance to gauge next momentum phase.

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StablecoinArbitrageur

· 5h ago

ngl, those compressed EMAs are screaming statistical arbitrage opportunity once we break out of this range. 10 basis points of squeeze? from my backtesting (n=500+), this typically precedes a 150-200bp directional move within 72 hours. $15.30 confluence is textbook—if it holds, risk-reward gets *interesting*. if it breaks, liquidity dries up fast on CEX.

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MintMaster

· 01-11 19:05

This thing is starting to drop again. Hold the support at 15.30, or it's game over.

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zkNoob

· 01-11 19:04

CIFR might break $15.30 this week, feeling like the selling pressure is too strong.

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FlashLoanKing

· 01-11 18:59

It's another situation of both sides pushing the market. The $15.30 level looks like a key point. Will it break or not? The outcome will determine the classification.

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WagmiOrRekt