2026-01-17 20:25:59

$COIN Weekly Chart Update

The technical picture remains largely stable here. That 0.786 log Fibonacci level continues to cap upside momentum as resistance. Meanwhile, the RSI is showing a bullish divergence against price action—a signal worth monitoring for potential reversals.

Support is holding up well thanks to the buy order block that's been established in this zone. So far it's doing its job. Price action is still consolidating within my target accumulation range, which aligns with the broader setup. The structure suggests patience might be rewarded if these levels hold through the weekly close.

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BlockchainDecoder

· 8h ago

0.786 Fibonacci suppression, RSI divergence, buy order block holding support — this set of logic is indeed solid and worth closely watching whether the weekly close can break through.

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AirdropHunterZhang

· 8h ago

0.786 Fibonacci suppression, RSI divergence? I just want to know if this time it can really break through. Before, I got free gains here twice, but it was pushed back.

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0xLuckbox