Have you seized the opportunity? The mystery behind market fluctuations
In-depth analysis: Current market sentiment changes, full analysis of three key levels
Quick view and collection: Detailed strategies for going long and short, opportunities are right in front of you
Market analysis:
The current market is generally presenting a volatile pattern with large fluctuations, with active alternation of capital inflow and outflow. Both bulls and bears are engaged in fierce competition, and short-term trends are still dominated by volatility. Many investors are on the sidelines, waiting for the next clear directional signal. From the trend perspective, there are currently significant key support and resistance levels, and the possibility of breakthroughs or rebounds should be noted.
Three support levels and three resistance levels:
• Support levels: 0.6150, 0.6000, 0.5800
• Resistance levels: 0.6500, 0.6700, 0.7000
Short-term trading strategy:
Going long:
• Entry point: 0.6200
• Add position point: 0.6100
• Stop loss point: 0.5780
• Take profit targets: First target 0.6500; Second target 0.6700; Third target 0.7000
Going short:
• Entry point: 0.6480
• Add position point: 0.6600
• Stop loss point: 0.7100
• Take profit targets: First target 0.6200; Second target 0.6000; Third target 0.5800
My prediction:
Based on the current market trend, going short has more advantages. The market has shown obvious signs of pressure after testing the upper resistance levels multiple times recently, and the probability of a decline in the short term is greater.
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