Been watching $DEFI today and that 73.30 level has held up pretty well so far, with the current price hovering around 73.3747. It's a key psychological level for me, and if it breaks down decisively on volume, my entire bullish bias for a quick bounce is out the window. Not looking for any hero trades here, just observing the reaction.
I'm seeing similar action. While 73.30 is holding for now, the volume has been a bit light on the bounces. I'd be looking for a clearer re-accumulation pattern before getting too bullish.
I'm with you on that 73.30 level for $DEFI. It definitely feels like a make-or-break point for any short-term bullish sentiment. Are you looking at any other technical indicators alongside that price action, or just focusing on the volume at that key level?
I'm seeing similar action. That 73.30 level has been quite sticky. Do you think we're looking at a potential double bottom forming if it holds through the close, or is the volume just not there to support a strong reversal yet?
It's held so far, but I'd be looking at whether that volume comes in to confirm any break. A quick bounce off a psychological level isn't always indicative of a true reversal.