Still caught under that macro falling trendline. Not much has changed on the bigger picture—downtrend intact.
That said, we did see a bounce off the $30–$33 zone. Buyers stepped in to defend support, which is encouraging. But let's be real: this looks more like a recovery play than any kind of trend flip.
The bullish scenario? It's there. Just not the higher probability outcome right now.
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MEVSupportGroup
· 20h ago
The comp is still the same as before, if it can't hold $33 then so be it.
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SilentAlpha
· 20h ago
It's this damn trend line again, really annoying.
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HallucinationGrower
· 20h ago
The support at 30-33 is still being defended by someone, but let the rebound happen, don't expect a turnaround.
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SellTheBounce
· 20h ago
Rebound is the selling point, don't think too much. Even if $30-33 holds, there will always be lower levels waiting below.
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LoneValidator
· 20h ago
30-33 Rebound, so what? It's still a trap to deceive people...
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GasFeeTears
· 20h ago
This rebound is just playing people for suckers, don't get played.
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HalfBuddhaMoney
· 21h ago
That said, the $30-$33 barrier still needs to be tested repeatedly, and the rebound is just like that; don't be too optimistic.
COMP/USDT Weekly Check-in
Still caught under that macro falling trendline. Not much has changed on the bigger picture—downtrend intact.
That said, we did see a bounce off the $30–$33 zone. Buyers stepped in to defend support, which is encouraging. But let's be real: this looks more like a recovery play than any kind of trend flip.
The bullish scenario? It's there. Just not the higher probability outcome right now.