$ESPORTS currently sitting at 0.39997, ticking up 1.44%. The 2-hour chart's painting an interesting picture—early bullish signals creeping in. Momentum's quietly building, eyes on that 0.45000 zone as the next test.
But here's the catch: the structure's still shaky. That 0.38000 floor? Could easily get a revisit before any real move happens. Watch those levels closely.
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HypotheticalLiquidator
· 12-10 00:56
The 0.38000 hurdle needs to be broken, otherwise this rebound is just a feint.
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The borrowing rate is still high, be careful of a chain of liquidations.
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With such a fragile structure, leveraged players should be reducing their leverage.
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0.45 can't hold at all; the real risk control threshold should be at 0.36.
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It's the same old "early bullish" playbook—wake up, don't get fooled.
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A 1.44% increase is just piling up systemic risk.
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Has the liquidation price moved down? Need to check.
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With a structure this weak, you're still talking about a breakout? The dominoes are all lined up.
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If 0.38 breaks down further, market sentiment will collapse.
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Volatility is this high and the borrowing rate hasn't dropped—have we deleveraged yet?
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blocksnark
· 12-07 12:32
I'm betting that the 0.38 bottom will be broken, don't be too optimistic.
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Degen4Breakfast
· 12-07 11:56
We really need to hold the 0.38 level, or it’ll be another false alarm.
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ApeDegen
· 12-07 11:53
Here we go again. Can 0.45 be broken? I doubt it. It still needs to pull back to 0.38 to settle down.
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CryptoWageSlave
· 12-07 11:53
If 0.38 breaks, it's over. Feels like this move is still a false breakout.
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MevShadowranger
· 12-07 11:52
That 0.38 trap is still waiting, don't be fooled by a false breakout.
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quietly_staking
· 12-07 11:32
That hurdle at 0.38 needs to be broken through; this rebound feels a bit weak right now.
$ESPORTS currently sitting at 0.39997, ticking up 1.44%. The 2-hour chart's painting an interesting picture—early bullish signals creeping in. Momentum's quietly building, eyes on that 0.45000 zone as the next test.
But here's the catch: the structure's still shaky. That 0.38000 floor? Could easily get a revisit before any real move happens. Watch those levels closely.