#今日市场观点
Look at the coin everyone - PEOPLE
【Yuzu PEOPLE Trend Analysis】
K-line Form: Recently, the price has formed a short-term high around 0.06752, followed by a pullback, currently in a downward trend. The long upper shadow on November 6 shows strong selling pressure, and the subsequent K-line shows a gradual decline.
Technical Indicators: MACD: In the 4-hour cycle, both DIF and DEA are below the zero axis, and the MACD histogram is negative, indicating that bearish forces are dominant.
RSI: Currently, RSI14 is close to 40, not entering the oversold area, but showing some weakness.
EMA: The price has fallen below EMA7 (0.06387) and EMA30 (0.06489), and is far from EMA120 (0.07063), indicating a bearish trend in the short term.
Trading Volume: On November 8, the trading volume significantly expanded to 1028805998, accompanied by a price decline, indicating a substantial outflow of funds. The trading volume fluctuated greatly in the previous days, especially reaching 1449287195 on November 6, showing an increase in market activity.
【Yuzu PEOPLE Position Reference】
Buy Point One: Around 0.058 (close to the previous low of 0.06014, the integer level may form support)
Buy Point Two: Around 0.057 (further probing to a stronger support area, near historical lows)
Long Stop Loss Point: 0.0565 (important support level after breaking below Buy Point Two)
Sell Point One: Around 0.065 (close to the EMA30 and recent high pressure zone)
Sell Point Two: Around 0.067 (near the high point of November 8 at 0.06752, there is significant selling pressure)
Short Stop Loss Point: 0.068 (resistance above after breaking through Sell Point Two)
