The classic 0.618 Fibonacci retracement is testing $BABA right now—this is one of those key technical levels traders watch closely. When an asset approaches this golden ratio, it typically signals either a strong reversal point or a critical breakout zone. Whether it holds or breaks through will tell us a lot about the next leg of the move. Worth keeping on your radar if you're tracking momentum plays.
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TokenUnlocker
· 10h ago
At the key level of 0.618, can Alibaba hold on? Feels uncertain.
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OnchainHolmes
· 10h ago
The 0.618 level is indeed interesting, but as for BABA stock... honestly, it depends on how the subsequent trend develops.
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OnchainDetectiveBing
· 10h ago
0.618 is back again. Is Alibaba really going to decide life or death this time?
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HallucinationGrower
· 10h ago
0.618 is here again. Every time, they say this is the key level, but what happens? Whether BABA breaks this time or not, I consider it a loss.
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RebaseVictim
· 10h ago
0.618 is back again. Will baba be able to hold this time? It feels like every time it's just a false alarm.
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MidnightSnapHunter
· 10h ago
0.618 is here again. Every time, it's said to be a key point, but what happens?
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MetaMaximalist
· 10h ago
ngl the fibonacci discourse around BABA is kinda played out at this point... everyone and their grandma knows about 0.618 now. what actually matters is whether the network effects sustain once it breaks, not just the technical bounce. mainstream traders miss that part entirely
The classic 0.618 Fibonacci retracement is testing $BABA right now—this is one of those key technical levels traders watch closely. When an asset approaches this golden ratio, it typically signals either a strong reversal point or a critical breakout zone. Whether it holds or breaks through will tell us a lot about the next leg of the move. Worth keeping on your radar if you're tracking momentum plays.