#sats(SATS)

The daily chart shows a positive line with short upper and lower shadows, with an amplitude of nearly 12%. The trading volume increased by nearly one-third compared with the previous day, but it is still slightly insufficient. The MA30 line is still showing a slight downward trend, and the MACD shows signs of weakening downward momentum below the zero axis.

When the price rises, it encounters the pressure of the MA30 line, which just forms pressure with the middle line of the oscillation range, resulting in a short-term correction trend. Today, driven by the rebound of Bitcoin, it is facing the pressure level of this position again. It is expected that there is still room for further upward rush after the retracement.

The pressure levels at the daily level are 3050, 3400 and 3640

The support levels are 2680, 2520, 2370, 2260 and 1940.