The current price of USUAL coin is around 0.988, and the market sentiment appears quite 'mediocre', lacking any sense of 'surprise'. In this boring fluctuation, we can see the bears quietly accumulating strength.
Opening Strategy:
Opening Position: It is recommended to open a short position when the price approaches 1.00, waiting for the bulls' last 'struggle' to complete before decisively entering the market.
Stop Loss Setting: Set the stop loss above 1.03, allowing some space for the market's 'false moves', but do not allow it to run wild for too long.
Take Profit Setting:
First Target: 0.96, secure some profit.
Second Target: 0.93, continue to explore downward space.
Final Target: 0.90, witness the bears' 'perfect performance'.
Analysis: A 'Mediocre Battle'
The recent trend of USUAL coin can be summarized in one word: 'flat'. If using two words, it would be 'boring'. The market seems to be napping on a park bench, unwilling to climb up or jump down, but such a dull market is often more easily disrupted by bears breaking the balance.
Currently, the price hovers near an important resistance area, but based on multiple unsuccessful attempts to break through, the strength of the bulls is comparable to 'giving up after three days of jump rope', while the bears are sharpening their knives in the corner, waiting to launch a 'downhill skateboarding show'.
Analysis of Resistance and Support
Resistance Area: 1.00-1.03 is the current bulls' 'wall of hope', but market performance shows that this wall has already developed cracks.
Support Area: The key support below is around 0.96; if it breaks, it may directly slide to 0.90.
Market Sentiment and Technical Trends
Market sentiment is neutral to bearish, and trading volume cannot expand, resembling a theatrical performance with sparse audience. Most technical indicators support a downward trend, and a market lacking momentum is often more easily struck by bears.
Trading Strategy Tips
Steady Operation: Enter the market in batches to reduce risk, opening shorts above 1.00 is safer.
Flexible Take Profit: Adjust the take profit point dynamically based on market trends, following the trend to harvest more.
Risk Control: Strict stop loss to avoid sudden emotional reversals impacting the account.