$1000SATS 1000SATS Latest Strategy Analysis!
Market Overview:
Current price of 1000SATS is $0.0002317, with a 24-hour decline of 22.53%. The highest reached $0.0003053, and the lowest dropped to $0.0002158. Prices continue to decline, and trading volume has significantly increased, with bearish forces dominating the market.
Technical Analysis and Key Levels:
• Support Levels: $0.0002150, $0.0002100, $0.0002000
• Resistance Levels: $0.0002400, $0.0002550, $0.0002700
From the 4-hour chart, RSI(6) has dropped to 12.68, an extreme oversold area, and the MACD bearish signal remains evident. A technical rebound may occur in the short term, but the overall trend is weak.
Short-term Contract Strategy:
1. Long Position Strategy:
• Entry Point: $0.0002150-$0.0002200
• Add Position Point: $0.0002100
• Stop Loss Point: $0.0002000
• Take Profit Points:
1. $0.0002400
2. $0.0002550
3. $0.0002700
• Position Allocation: 50%-30%-20%
2. Short Position Strategy:
• Entry Point: $0.0002400-$0.0002450
• Add Position Point: $0.0002550
• Stop Loss Point: $0.0002700
• Take Profit Points:
1. $0.0002200
2. $0.0002100
3. $0.0002000
• Position Allocation: 40%-40%-20%
The market is clearly oversold, and a technical rebound is expected in the short term, but overall downward pressure has not been alleviated. Be cautious of prices further breaking below the key support at $0.0002100.