MACD death cross warning, momentum has significantly weakened! Although the price of 0.01814 still stubbornly stays above the key trend line of 0.01380 (since starting from 0.01243), it has retraced 80% from the high of 0.09096 😱.
Current situation: Bullish trend **stagnates**, and **be alert to trend reversal**! The price is far from the "safety cushion" (trend line), and the MACD bearish signals are strong. If it breaks below 0.01380, beware of a waterfall decline.
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$BROCCOLI714
1H Chart: Is the trend hanging in the balance? 📉
MACD death cross warning, momentum has significantly weakened! Although the price of 0.01814 still stubbornly stays above the key trend line of 0.01380 (since starting from 0.01243), it has retraced 80% from the high of 0.09096 😱.
Current situation: Bullish trend **stagnates**, and **be alert to trend reversal**! The price is far from the "safety cushion" (trend line), and the MACD bearish signals are strong. If it breaks below 0.01380, beware of a waterfall decline.