[Yingbei Trend Quantitative Hotspot Analysis on May 30]

Auction was launched in the Korean won trading area yesterday, directly pulling up nearly 50%, with a circulation of 6.5 million pieces, a maximum supply of 10 million pieces, a circulation market value of 159 million US dollars, an issue price of 0.8 US dollars, and a historical high of 70.5 US dollars. Bounce is a decentralized token exchange platform built on Ethereum and Binance Smart Chain. The platform allows users to establish token exchange pools with fixed or dynamic exchange rates. From November 20 to December 20, 2023, it rose from 9 US dollars to 48.7 US dollars in one month, an increase of more than 500%. The lowest callback in this round was 12.7 US dollars, and the callback range was nearly 75%.

[Technical indicator analysis] On May 20, it rebounded after hitting the support of the lower Bollinger track of the daily line. At the same time, the MACD golden cross bulls increased the pressure of the upper Bollinger middle track 16, and the pressure of the upper Bollinger track was 18.5 US dollars. After entering the Korean won zone yesterday, it broke through the upper track with a large volume, reaching a maximum of 31.5 US dollars, and fell under the pressure of the upper Bollinger track of the monthly line. The current price is 24.5 US dollars, and it is expected to fall back to the upper Bollinger track of the daily line at around 22.5 US dollars.

[Trend prediction] Oscillating upward, upper target 30-33--35-39-42-48

Strategy retracement support can be entered in batches, lower support is 23-22.5 range, breakout is around 21.1-21.3

20.3-19.5 and finally 18-17.5, can be divided into 4 entries.

The market value of this token is small and the volatility is large, the above analysis is for reference only. #Auction #涨幅榜 #趋势交易