$TIGR's monthly chart is currently at a critical technical position. The price is fluctuating between the 0.618 logarithmic Fibonacci resistance level and the 0.5 logarithmic Fibonacci support level, forming a pressure-support squeeze pattern.
If the 0.5 support can hold, we may see higher lows forming. This technical structure is definitely not a bearish signal. On the contrary, if the support remains stable, the possibility of a rebound is quite high. The key is to observe whether the 0.5 support level can take root. Once stabilized, a breakout above resistance will have a solid foundation. The current pattern reflects more of a buildup rather than the beginning of a decline.
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GamefiGreenie
· 3h ago
If I can't hold 0.5, I'll admit defeat. Anyway, this round has been exhausting to play.
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DegenWhisperer
· 3h ago
If 0.5 doesn't break, I will hold firmly; if it breaks, I will withdraw immediately.
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OnChainDetective
· 3h ago
0.5 at this level is too suspicious. Why can it stay stable? It depends on on-chain data to speak—whether there are large transfers flowing into institutional addresses. That’s the real story.
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CountdownToBroke
· 3h ago
Hold on to 0.5 and take off, it all depends on these few days.
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AirdropHunterWang
· 3h ago
Holding 0.5 will keep it stable; I'm not bearish on this wave.
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FrogInTheWell
· 4h ago
If you can't hold on to 0.5, you have to cut the meat, really
$TIGR's monthly chart is currently at a critical technical position. The price is fluctuating between the 0.618 logarithmic Fibonacci resistance level and the 0.5 logarithmic Fibonacci support level, forming a pressure-support squeeze pattern.
If the 0.5 support can hold, we may see higher lows forming. This technical structure is definitely not a bearish signal. On the contrary, if the support remains stable, the possibility of a rebound is quite high. The key is to observe whether the 0.5 support level can take root. Once stabilized, a breakout above resistance will have a solid foundation. The current pattern reflects more of a buildup rather than the beginning of a decline.