2026-01-02 07:23:27

$OTHERS.D is testing resistance at the 1.618 Fibonacci extension level. The price action suggests potential mean reversion opportunities aligned with the existing downtrend. This zone has historically served as a critical confluence point for traders monitoring the asset's price structure. A pullback from these resistance levels could reinforce the bearish momentum, particularly if volume confirms the move. Watching how the market respects this key technical level will be important for positioning, as breaks above or below could signal shifting dynamics in the current trend framework.

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.

9 Likes

Reward
9
7
Repost
Share

Comment

0/400

RugPullAlarm

· 01-05 04:55

Why is the 1.618 level so coincidental? Someone is always telling a story here.

View OriginalReply0

pvt_key_collector

· 01-03 14:46

1.618 is back again, this number is so annoying.

View OriginalReply0

ZenMiner

· 01-02 07:53

The 1.618 level is really an old joke now. Every time, people talk about it as the key point, but what happens then?

View OriginalReply0

TokenVelocityTrauma

· 01-02 07:52

1.618 is back again, I'm tired of seeing this number.

View OriginalReply0

CountdownToBroke

· 01-02 07:51

1.618 is coming again. Will it break this time? Feels like I'm about to get trapped again.

View OriginalReply0

EyeOfTheTokenStorm

· 01-02 07:43

According to my quantitative model, the 1.618 level is indeed a key point repeatedly validated by historical data, but the problem is that the current trading volume can't support a true reversal... It's better to continue mainly with a bearish outlook.

View OriginalReply0

GasFeeAssassin

· 01-02 07:28

1.618 is here again. Can this position hold?

View OriginalReply0