AI Prophecy Set Sail! Act I: The AI Prophecy Breaks $0.4595, Night Short-Term Trading Strategy Revealed
Act I: The AI Prophecy's current price is $0.4595, showing a steady upward trend recently. Market sentiment is optimistic, especially during nighttime, where price fluctuations may be more pronounced.
Key Levels:
Support Level: $0.4500. This price level is the low of the past few hours and may serve as a support area for price declines in the short term. If the price retraces to this level, a rebound can be considered. Resistance Level: $0.4700. The price has approached this level multiple times recently but has not broken through. If it breaks $0.4700, there may be a chance for rapid price increases, potentially reaching $0.4800.
Short-Term Contract Strategy:
Long Strategy:
Entry Point: $0.4600, if the price breaks and stabilizes above $0.4700. Stop Loss Point: $0.4500, if the price falls below the support level, a stop-loss exit can be taken to prevent larger declines. Take Profit Point: $0.4750, the target price is near the current resistance, expected to reach this position in the short term. Leverage Suggestion: 4x leverage. Considering the moderate market volatility, using 4x leverage can amplify returns while ensuring capital safety.
Short Strategy:
Entry Point: $0.4570, if the price fails to break $0.4700 and falls back. Stop Loss Point: $0.4650, to prevent price from breaking resistance, leading to inverse losses. Take Profit Point: $0.4450, if the price retraces to the support area, profit exit can be taken. Leverage Suggestion: 2-3x leverage. Due to potentially volatile market sentiment when shorting, a lower leverage is recommended to reduce risk.
Bold Prediction:
In the short term, the Act I: The AI Prophecy's oscillation in the $0.4500 and $0.4700 range may continue. If it breaks the $0.4700 resistance, the price is expected to break through $0.4800, attracting more investors. However, if it fails to break this resistance, the price may retrace to the support area of $0.4500. The volatility during nighttime is significant, and investors are advised to pay attention to price trend changes and flexibly adjust their trading strategies.
In a volatile market environment, reasonably using long and short strategies, combined with appropriate leverage allocation, is expected to yield good returns from short-term fluctuations. $ACT