$1000SATS How to interpret the trend?
At present, SATS has touched the key support level on the 4-hour chart, which suggests that market sentiment is accumulating and waiting for a chance to break through. The central axis pressure level is easily broken, and the price will test the pressure situation on the upper edge of the oscillation range.
This kind of steady fluctuation often means that a larger market is about to appear, especially for it in the meme coin sector. Once the market sentiment drives it, it is likely to bring a strong wave of gains.
On the 16th, tens of millions of dollars of chips were smashed from 0.00029, trying to lower the price and cause a stampede to profit. However, low-priced chips should not be sold easily, and the big ones are still behind. Only by enduring the oscillating market can there be more gains.
The current chart pattern highlights the important support level of 0.002667 and the resistance level of 0.002928. Traders should pay close attention to these areas as they may indicate potential breakout points and price reversals.
