1000SATS daily market analysis
Currently, the 1-hour level shows a bullish trend, while the 2/4-hour level shows that the bears are dominant, so it is recommended to be cautious in going long. Whether the rebound can continue depends on the support strength of 0.0003032, which is the top priority.
For the current 4-hour decline, pay attention to the support levels: 0.0002914, 0.0002887 and 0.0002863. If the callback does not break these three points, you can consider entering a long order, with the target pointing to 0.0003057, 0.0003125 and 0.0003163.
For short-term operations, you need to keep up with the market dynamics and avoid blindly placing orders. For long-term spot strategies, stay stable, buy in appropriate amounts when the price drops slightly, and increase the allocation strength when the price drops sharply.
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