$1000SATS
Point Analysis and Bullish/Bearish Prediction
Support and Resistance
• Support Level: $0.0001559 (short-term support), $0.0001468 (important defense level).
• Resistance Level: $0.0001833 (short-term resistance), $0.0002134 (medium-term resistance), $0.0002473 (strong resistance).
Market Direction
From the chart, the price shows signs of short-term stabilization after reaching $0.0001559, but the overall trend remains weak, with the price below multiple moving averages (MA7, MA25, and MA99). If it cannot effectively break through the resistance at $0.0001833, the bears may continue to dominate.
Strategy Recommendations
• Bullish Strategy: Attempt to go long with a small position near $0.0001559, set the stop-loss below $0.0001468, with targets at $0.0001833 and $0.0002134.
• Bearish Strategy: If the price rebounds to $0.0001833 without breaking through, consider going short, set the stop-loss at $0.0001900, with targets at $0.0001559 and below.
Conclusion: In the short term, observe the support strength at $0.0001559 and the possibility of breaking through $0.0001833. It is recommended to operate with a small position and strictly set stop-loss.