[rats] Clinton Daily Analysis July 1
24-hour trend [down]
[Buy and sell points]
Buy point 1: 0.000125 USDT (reason: close to the support level of EMA30, and also the lower edge of the previous oscillation range)
Buy point 2: 0.000120 USDT (reason: further close to the previous low of 0.00011953, there is strong buying support)
Long stop loss point: 0.000115 USDT (reason: if it falls below this position, it may continue to bottom out, and stop loss should be stopped in time)
Sell point 1: 0.0 00150 USDT (reason: close to the recent high of 0.00015154, there is obvious selling pressure)
Selling point 2: 0.000160 USDT (reason: integer level, close to EMA120 at the same time, there is great pressure)
Short stop loss point: 0.000165 USDT (reason: if this position is broken, it indicates that the upward trend is established and stop loss is required to exit)
[Price trend analysis]
K-line pattern:
The recent price fluctuates between 0.00007186 and 0.00015154, forming a large range of shocks. In recent days, there has been an obvious high-level correction, especially on June 30, 2024 and July 1, 2024, two consecutive days of negative closing.
Technical indicators:
MACD: DIF and DEA are close to the zero axis, but the MACD bar chart shows that the bullish force is gradually weakening, and it is possible to turn to a bearish trend. RSI: RSI14 fell from the overbought area (62.40) and is currently in a neutral position (54.61), with further downside risks. EMA: EMA7 (0.00013342) just touched the current price, EMA30 (0.00012384) and EMA120 (0.00016098) showed a bullish arrangement, but may face adjustment pressure in the short term.
Volume:
The volume from June 29 to July 1, 2024 decreased significantly, from 312.8 billion to 125.8 billion, indicating a decrease in market participation. The large-volume rise in the previous few trading days (such as June 27 and June 28) failed to continue, suggesting that the upward momentum was insufficient.