#技术分析 $NPC has been forming a double top over the past few days
It first surged to 0.0174 on November 2 before pulling back, then climbed to 0.0184 on November 5 but still couldn't hold. It reversed and slid all the way to 0.0153, down 13.5% in 24 hours.
The price is now sitting right at the retest level between the two peaks, at 0.0153. All the moving averages are overhead: MA7 at 0.0165 and MA25 at 0.0162. RSI at 42.9 isn't oversold, and the MACD histogram has turned green, so bearish momentum hasn't fully played out yet.
It all comes down to the 0.0153 level.
If it holds, price could consolidate near the lows before testing the Bollinger middle band at 0.0161. If it fails, the next levels to watch are the seven-day low at 0.0147, followed by the lower Bollinger band at 0.0141.
With the double top complete, watching support is more practical than guessing at a rebound.
It first surged to 0.0174 on November 2 before pulling back, then climbed to 0.0184 on November 5 but still couldn't hold. It reversed and slid all the way to 0.0153, down 13.5% in 24 hours.
The price is now sitting right at the retest level between the two peaks, at 0.0153. All the moving averages are overhead: MA7 at 0.0165 and MA25 at 0.0162. RSI at 42.9 isn't oversold, and the MACD histogram has turned green, so bearish momentum hasn't fully played out yet.
It all comes down to the 0.0153 level.
If it holds, price could consolidate near the lows before testing the Bollinger middle band at 0.0161. If it fails, the next levels to watch are the seven-day low at 0.0147, followed by the lower Bollinger band at 0.0141.
With the double top complete, watching support is more practical than guessing at a rebound.
