NYAN's showing some textbook stuff right now. The pullback landed exactly where you'd want it — right at that old ATH breakout zone stacking with the 0.618 fib level. Clean confluence.
What caught my eye? That wick down into the demand block got absorbed fast. Buyers stepped in hard at that zone, which tells you something about where the real support sits. When price respects a level that cleanly, it's usually not an accident.
The setup's there. Previous resistance flipping to support, Fibonacci saying the same thing, and buyer activity confirming it. Worth watching how this plays out from here.
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CryptoGoldmine
· 12-06 20:57
The 0.618 level is indeed interesting. If there’s a triple confirmation, the buyer strength data can really tell the story.
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HashRateHermit
· 12-06 08:58
This pullback on nyan is really holding up. With the Fibonacci and resistance levels overlapping, we'll have to see how it moves next.
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HashBandit
· 12-04 09:43
ngl the fib confluence here is cleaner than my electricity bills back in mining days... which is saying something lmao. that demand block absorption tho? sus in the best way. real question is whether this holds or we're just watching another wick trap before the next gas fee explosion takes over everyone's brain again
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JustHereForAirdrops
· 12-03 22:05
This move by nyan is indeed quite interesting. The Fibonacci level and the old resistance overlap, and the way the buy orders have been absorbed so cleanly is definitely not a coincidence.
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MultiSigFailMaster
· 12-03 22:03
Nyan really nailed this retracement, stacking right at the 0.618 fib was just perfect... With bulls entering so aggressively, it feels like it won't be for nothing.
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PensionDestroyer
· 12-03 22:03
This pullback on NYAN is textbook perfect. The fib levels accurately found support, institutions are accumulating, now this is worth watching.
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DAOdreamer
· 12-03 21:51
NGL, this confluence looks pretty clear. The overlap between the fib and the previous high is really hard to ignore... Now it just depends on whether the buyers can hold this wave.
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TerraNeverForget
· 12-03 21:41
Nyan’s pullback level this time is perfect. Bro, your analysis is spot on. The fib lines up perfectly, and such strong buying coming in shows the bottom really is there. I’m also waiting for this confirmation.
NYAN's showing some textbook stuff right now. The pullback landed exactly where you'd want it — right at that old ATH breakout zone stacking with the 0.618 fib level. Clean confluence.
What caught my eye? That wick down into the demand block got absorbed fast. Buyers stepped in hard at that zone, which tells you something about where the real support sits. When price respects a level that cleanly, it's usually not an accident.
The setup's there. Previous resistance flipping to support, Fibonacci saying the same thing, and buyer activity confirming it. Worth watching how this plays out from here.