2026-01-09 02:22:18

COL's current wave is a typical strong consolidation trend. After rising from the high of 0.7600, the price has been moving sideways with decreasing volume between 0.71 and 0.74, without any signs of a sharp drop. What does this indicate? It shows that the bulls are still in control. This kind of high-level consolidation is actually a sign of strong adjustment, not a trend reversal signal.

Comparing the previous massive surge with the current volume-decreasing consolidation, you can see that the selling pressure from earlier has basically been released. The next move depends critically on trading volume—if another wave of increased volume occurs, the price is very likely to continue pushing toward 0.7600 or even higher; but if volume remains low, be prepared for the price to oscillate within this range repeatedly.

From a short-term support perspective, the MA(7) at 0.7204 acts as a strong barrier. As long as it holds, the probability of a rebound after some oscillations is relatively high. If it drops below, then watch whether MA(25) at 0.6593 can support the price. The resistance level at 0.7600 is a tough nut to crack; it requires significant trading volume to break through convincingly. Otherwise, it’s easy to encounter a cold retreat here.

From the MACD perspective, during the rally, the fast line definitely crossed above the slow line, forming a golden cross, and the red histogram kept expanding, indicating strong bullish momentum. Now, as the market consolidates, the MACD red histogram is gradually shrinking, and the fast and slow lines are starting to converge. This reflects a tug-of-war between bulls and bears.

The key signal to watch is how MACD performs next—if it resumes expanding the red histogram and forms another golden cross with volume supporting it, that’s a green light for a second upward attack. At that point, look for a breakout above 0.7600, and if it breaks through, the target could be around 0.80. Conversely, if MACD forms a death cross and the green histogram appears, and the price breaks below 0.71 support, then a short-term correction begins, with targets around 0.68 to 0.70.

Overall, the most probable short-term scenario is to continue oscillating between 0.71 and 0.74, waiting for volume and technical indicators to give a clear direction. Once volume supports a MACD reversal to bullish, it’s time to test the 0.7600 breakout, and if successful, 0.80 is within sight. But if volume decreases and the price breaks below 0.71, it’s time to consider risk avoidance. Sudden news events could also disrupt this rhythm, requiring real-time responses.

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RunWithRugs

· 18h ago

The grinding has been going on for so long, just waiting for a volume breakout signal. --- If 0.7204 isn't broken, we can keep playing; once it falls below, it's time to run. --- This market is a bit dull, when will there be a clear direction? --- The bulls are still holding on tightly. As long as 0.7204 isn't abandoned, there's still hope. --- Volume is king; all indicators are just floating clouds. --- Breaking 0.76 requires volume support; empty talk is meaningless. --- It feels like we're just waiting for a trigger point—either up or down. --- If MACD forms a death cross, I'll just run away and not play with it. --- If 0.71 is broken, I'll admit defeat; I don't want to get trapped. --- Actually, right now, the most likely scenario is still a prolonged grind, just wasting time.

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GameFiCritic

· 01-09 12:51

Decreasing volume grinding is actually just waiting for volume confirmation. I'm very familiar with this rhythm. The key still depends on whether MACD truly turns bullish; otherwise, breaking through the 0.76 barrier will be very difficult. --- Bullish stance is fine, but trading volume is the real king. Without its cooperation, everything else is pointless. --- Honestly, the high-level consolidation indicators look decent, but I'm worried that if the volume keeps shrinking like this, the retention rate will look very poor. --- If the 0.7204 resistance level isn't broken, there's still hope. Once it's broken, it might be time to run and seek safety. No need to hesitate. --- If MACD truly forms a golden cross again with accompanying volume, then the incentive balance will be reestablished, and 0.80 is not a dream. --- A typical phase of bullish and bearish struggle, even more complicated than a bad game. Ultimately, volume speaks the final word. --- I absolutely agree that breaking the rhythm due to sudden news events—what could be more uncontrollable in the financial market? --- The 0.71 line is truly a life-and-death line; whether it breaks or not directly determines the overall trend of the subsequent cycle.

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GateUser-9ad11037

· 01-09 02:52

0.71 breaking or not is a hurdle; if the volume picks up, continue pushing towards 0.76.

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SmartMoneyWallet

· 01-09 02:47

The matter of consolidating with reduced volume... it seems like the bulls are still holding, but I'm more concerned about who is actually behind these volume data. Can retail investors really tell?

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PuzzledScholar

· 01-09 02:43

The entire POM set is so repetitive that my ears are about to get calluses, just waiting for the volume to pick up. If it can't break 0.76, I'll just keep lying here, anyway there's no rush. If this wave can really reach 0.80, I'll wake up laughing; the key is still how the MACD moves. Volume is the real boss; all indicators are fake. The most annoying thing is sideways consolidation with decreasing volume—just want it to quickly choose a direction.

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ForkMaster

· 01-09 02:31

The pattern of shrinking volume and grinding has been played out so many times that I’ve got it down, but the key still depends on whether the project team will cause trouble. Waiting for MACD to give a signal, but honestly, small-cap coins like this are often easily smashed. If it can't break through 0.7600, I consider the bulls to be just bluffing; real battles are still about volume and momentum. Another analysis relying on technical indicators to bluff; we all know the routine, just see who breaks the support line first. To put it simply, it’s still the survival rule in a bear market: shrinking volume is just a bait, and I’ll definitely wait for a clear signal before taking action.

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DegenDreamer

· 01-09 02:27

It's the same old routine, without sufficient volume, it's all pointless. When MACD makes a death cross, just run; there's no need to wait. If it can't break 0.76 this time, I see trouble ahead. Is this consolidation with decreasing volume? Feels like a trap to lure retail investors into buying the dip. Are the bulls standing firm? Where's the volume, brother? Where's the volume? If it breaks 0.71, I'll clear my position. Don't talk to me about support lines. Stuck in this prison-like sideways movement, it's really exhausting. Where's the promised volume breakout? Still waiting.

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ZkProofPudding

· 01-09 02:26

Oh no, it's another grind pattern. Waiting for enough volume to give a signal might take until the Year of the Monkey or the Horse. Without volume, it's all just talk. If it breaks below 0.71, it's time to run. Are the bulls still standing? I think they're getting a bit tired. If this sideways movement continues, it might bounce between 0.71 and 0.74 repeatedly. A breakout above 0.7600 requires volume support; it seems quite challenging. Forget it, wait for the MACD to give a clear signal. Entering now is not safe. The volume contraction is so annoying. When will there be an increase in volume? It feels like 0.68-0.70 is the real support. Currently, this position is uncertain. The bullish momentum is waning, which might be a sign of a death cross. Breakouts without volume support are fake. 0.7600 might just be a trap. If it breaks below 0.71, just exit. Don't think about a second attack.

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