MP still has plenty of room to move, but last Friday's performance is worth noting — it recaptured the 200-day moving average with an almost 9% increase. The short-term moving averages are still weakening, which is a limiting factor. However, from this position, we may be building a foundation for a rebound. The technical outlook hasn't fully improved yet, but if we can consolidate at this level, the opportunity for a rebound is right in front of us.
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Liquidated_Larry
· 11h ago
Oh, it's that kind of "rebound imminent" statement again. I've heard it too many times.
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AirdropLicker
· 16h ago
Reclaiming the 200-day moving average is indeed promising, but the short-term moving averages are holding us back. Still, caution is necessary.
The rebound has been building for a while, but the key is whether we can hold this level.
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NewDAOdreamer
· 01-05 05:43
Recovering the 200-day moving average depends on when the short-term moving average catches up; otherwise, it's just a false breakout.
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WalletDetective
· 01-05 03:57
Hey, the 200-day moving average has been regained. This rebound is quite interesting.
The rebound is based on accumulation; I'm just worried that short-term moving averages might hold us back. Keep an eye on it.
If we can hold steady at this level, then we can talk about real opportunities.
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CryptoPhoenix
· 01-05 03:57
The opportunity for rebirth has arrived; it all depends on whether we can hold this line. Restoring the mindset is more difficult than technical analysis, brothers.
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WhaleShadow
· 01-05 03:51
The 200-day moving average has recovered, and this signal still has some significance; let's see if it can hold.
Short term is still underperforming, but a rebound foundation is being built. Let's wait and see if it can break through.
If this wave stabilizes, there is indeed room for growth.
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SignatureVerifier
· 01-05 03:34
200-day reclaim looks decent on surface but ngl... short-term weakness is a massive red flag. insufficient validation of momentum here, technically speaking.
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SadMoneyMeow
· 01-05 03:29
The 200-day moving average has recovered; short-term still needs to be observed, but this position is indeed quite interesting.
MP still has plenty of room to move, but last Friday's performance is worth noting — it recaptured the 200-day moving average with an almost 9% increase. The short-term moving averages are still weakening, which is a limiting factor. However, from this position, we may be building a foundation for a rebound. The technical outlook hasn't fully improved yet, but if we can consolidate at this level, the opportunity for a rebound is right in front of us.