SATS

SATS 1 hour price trend: Sideways.

This is a 1-hour K-line chart of Bitget SATS/USDT. The latest price is: 0.000000159795 USDT. It includes EMA, MACD, KDJ and trading volume indicators.

【Buy and sell point】

Buying point one: 0.000000155 USDT (recent low near 1.20361e-7, price is supported)

Buying point two: 0.000000150 USDT (EMA(30) provides strong support near 0.000000153570 USDT, set a buying point slightly below to obtain a better entry price)

Long stop loss point: 0.000000148 USDT (below the buy point two and EMA(30), give enough space to avoid small fluctuations triggering stop loss)

Selling point one: 0.000000162 USDT (recent high near 1.87511e-7, may face selling pressure)

Selling point two: 0.000000165 USDT (exceeding the highest price in recent cycles, if it breaks through, it is expected to rise further)

Short stop loss point: 0.000000168 USDT (two above the sell point, taking into account short risk management)

【Price Trend Analysis】

K line shape:

The recent K-line shows that the price has fluctuated greatly. Several significant long upper shadow lines appeared between 05:00 on July 6 and 17:00 on July 8, such as 07:00 on July 7 and 08 July. 07:00, which may indicate selling pressure at the highs.

From 23:00 on July 7 to 03:00 on July 8, there were four consecutive long positive lines, implying that the buyer controlled the market during this period.

Technical indicators:

MACD indicator: The latest MACD value is negative (-0.000000003407), and DIF is lower than DEA, indicating that the bearish momentum may still exist in the short term.

KDJ indicator: J value (77.43) is higher than K value (59.34) and D value (50.29), which may indicate overbought conditions or potential callback risk.

EMA indicator: The closing price (0.000000159795) is slightly higher than EMA(7) (0.000000159532), but lower than EMA(30) (0.000000153570), indicating that the medium-term trend is positive, but it may face resistance in the short term.

Volume:

Trading volume gradually declined after peaking at 10:00 on July 8, consistent with the price trend, indicating that there may be capital outflows at high levels.

The trading volume in the last hour has increased compared with the previous hour, but it has not matched the sharp rise in price. You need to be alert to the divergence of trading volume. #sats，很明显， #sats，清仓了所有的山寨，all (Junyang’s early review strategy analysis of Bitcoin and Ethereum every Monday to Saturday, long-term and irregular recommendation of high-quality coins and live broadcast analysis) Pay attention to the main business quality and not get lost