1000SATSUSDT trading signal
🟡 Neutral bullish signal
Current price: 0.000274
Recommended strategy:
1. Entry: Wait and see with a small position near 0.000274 or try to go long with a light position
2. Stop loss: 0.000268 (-2.19%)
3. Target position:
- 0.000280 (+2.19%)
- 0.000285 (+4.01%)
- 0.000290 (+5.84%)
- 0.000295 (+7.66%)
Main observation points:
1. There is a large resistance in the 0.000276-0.000285 range, and the long orders are concentrated
2. 0.000269-0.000274 is the recent support, and long orders have concentrated stop losses
3. High leverage orders (50x) are concentrated in the 0.000285-0.000294 range. Breaking through this range may trigger a sharp rise
Notes:
1. Use small positions or wait and see, and strictly control risks
2. If the price breaks through 0.000276, you can increase your position slightly, but be wary of the stronger resistance near 0.000285
3. If the price falls below 0.000268, consider stop losses or shorting
4. Pay close attention to the overall market trend, especially the trend of Bitcoin, and adjust strategies in time
5. As a Bitcoin derivative, the price of 1000SATS is highly correlated with Bitcoin. Pay attention to the trend of the Bitcoin market
6. Consider using a moving stop loss and gradually increase the stop loss position when the price rises
7. Note that such small currencies may have poor liquidity and may fluctuate violently. It is recommended to operate with caution
