$1000SATS
Point Analysis and Bull-Bear Forecast
Support and Resistance
• Support Level: $0.0001559 (short-term support), $0.0001468 (important defense level).
• Resistance Level: $0.0001833 (short-term resistance), $0.0002134 (medium-term resistance), $0.0002473 (strong resistance).
Bull-Bear Direction
From the chart, after touching $0.0001559, there are signs of short-term stabilization, but the overall trend remains weak, with prices below multiple moving averages (MA7, MA25, and MA99). If it cannot effectively break through the resistance at $0.0001833, bears may continue to dominate.
Strategy Suggestions
• Bullish Strategy: Attempt to take a light long position near $0.0001559, with a stop loss set below $0.0001468, targeting $0.0001833 and $0.0002134 respectively.
• Bearish Strategy: If a rebound to $0.0001833 fails to break through, consider shorting, with a stop loss set at $0.0001900, targeting $0.0001559 and below.
Conclusion: In the short term, observe the support strength of $0.0001559 and the possibility of breaking through $0.0001833, it is recommended to primarily operate with light positions and set strict stop losses.