“1000SATS continues to be sluggish, with increased bearish strength!”
Market Analysis:
1000SATS is performing weakly overall, with prices maintaining a low-range fluctuation. The bullish rebound momentum is insufficient, and the bears are in control. In the short term, it still faces strong resistance above, while support below needs to be closely monitored to prevent breakdown risks.
Support and Resistance Levels:
• Support Levels: 0.00002210, 0.00002090, 0.00002000
• Resistance Levels: 0.00002380, 0.00002500, 0.00002700
Short-term Trading Strategies:
Long Strategy:
• Entry Point: 0.00002210
• Add Position Point: 0.00002090
• Stop Loss Point: 0.00001980
• Take Profit Targets: 0.00002380, 0.00002500, 0.00002700
• Position Allocation: 50%-30%-20%
Short Strategy:
• Entry Point: 0.00002380
• Add Position Point: 0.00002500
• Stop Loss Point: 0.00002750
• Take Profit Targets: 0.00002210, 0.00002090, 0.00002000
• Position Allocation: 50%-30%-20%
My Prediction:
Bears currently dominate 1000SATS, and it may continue to test support downwards in the short term. It is recommended to short at highs, operate cautiously, and wait for prices to approach key support levels before considering rebound opportunities.
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