【people】Clinton Daily Analysis June 24

24-hour trend [down]

【Buy and sell points】

Buy point 1: 0.075 USDT (previous low support, close to the lowest price of 0.07674 on June 21)

Buy point 2: 0.070 USDT (integer level support, and also a stronger psychological support level)

Buy stop loss point: 0.068 USDT (2% below buy point 2, to prevent false breakthroughs)

Sell point 1: 0.090 USDT (pressure level near EMA30, historical high area)

Sell point 2: 0.095 USDT (pressure level near EMA120, stronger resistance range)

Short stop loss point: 0.097 USDT (2% above sell point 2, to prevent false breakthroughs)

【Price trend analysis】

K-line pattern:

Recently, the price has shown a fluctuating downward trend, especially the continuous negative lines since June 17. A long upper shadow formed on June 24, indicating heavy selling pressure from above.

Technical indicators:

MACD: Both DIF and DEA are below the zero axis, and the MACD histogram is negative, indicating that shorts are dominant. RSI: RSI14 is close to the oversold zone (42.99), but has not entered the oversold zone. There may be a rebound demand in the short term. EMA: EMA7 < EMA30 < EMA120, the short, medium and long-term moving averages are in a short position, and the overall trend is bearish. The current price is below all moving averages, indicating that the pressure is relatively large.

Trading volume:

The trading volume on June 23 was significantly enlarged, but the price failed to continue to rise, indicating that the bulls were insufficient. The trading volume fell on June 24, and the market was in a wait-and-see mood. $PEOPLE