RKLB weekly chart showing some concerning signals. That upper wick on the latest candle is pretty substantial—suggests sellers stepped in at higher levels. Worth monitoring how price responds at support levels moving forward.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 8
  • Repost
  • Share
Comment
0/400
TestnetNomadvip
· 20h ago
The long upper shadow of this upper wick looks a bit intimidating; the selling pressure is indeed quite strong.
View OriginalReply0
Anon32942vip
· 12-27 01:56
The long upper shadow above looks a bit scary. The sell orders are indeed pressing down. It depends on whether the support can hold.
View OriginalReply0
OnChainDetectivevip
· 12-27 01:52
That upper shadow... I watched it all last night, and something definitely felt off. Such a selling pressure at this level must be backed by institutional dumping. I have already started tracking the on-chain movements of large wallet addresses, waiting to see if the data will confirm my suspicion.
View OriginalReply0
MetaverseHermitvip
· 12-27 01:50
The upper shadow is so long, the selling pressure is quite intense... Keep a close eye on the support level.
View OriginalReply0
BearMarketSurvivorvip
· 12-27 01:39
The upper shadow is so large, it looks uncomfortable... feels like it's going to fall.
View OriginalReply0
NFTRegretfulvip
· 12-27 01:38
Why not run away when the hanging man is so obvious? I think the bears are testing the waters. It's only a real problem if the support level breaks.
View OriginalReply0
JustHodlItvip
· 12-27 01:35
That long upper shadow is really annoying, feels like it's going to drop.
View OriginalReply0
quietly_stakingvip
· 12-27 01:28
That long upper shadow above is really intimidating; with such strong selling pressure, you really need to be cautious...
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)