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Tony-Stark
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#jto
short
leverage 30x
margin 7%
entry - 2.9 to 2.92
tp - 2.8
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NFP/USDT, here's an analysis: 1. Price Movement: The last price is 0.2694 USDT, showing a significant 14.12% drop over the given period. Recent lows at 0.2684 suggest strong selling pressure. 2. Exponential Moving Averages (EMA): EMA(7) = 0.2757, EMA(25) = 0.2909, and EMA(99) = 0.3047. The price is below all three EMAs, indicating a downward trend and bearish momentum. 3. Volume: High volume (~60.19M NFP) indicates significant activity during this price movement, likely confirming the bearish trend. 4. MACD: MACD line (DIF = -0.0109) is below the signal line (DEA = -0.0095), confirming bearish momentum. The histogram shows negative values, further supporting this trend. 5. RSI (Relative Strength Index): RSI = 16.1496 indicates that the asset is oversold, suggesting a potential bounce or consolidation. 6. Support and Resistance: Immediate support: Around 0.2600. Resistance levels: Near 0.2909 (EMA 25) and 0.3047 (EMA 99). Summary: Bearish trend dominates, supported by price action below EMAs and a negative MACD. Oversold RSI may hint at a possible short-term recovery or consolidation. Monitor price action around the support level (0.2600) for potential rebounds.
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