4 hours). Here's a quick analysis with a look ahead:

Technical analysis:

1. General trend:

The price has declined from the recent high at 2.9092 to a current level near 2.2297.

This indicates a short-term downtrend with a correction from the highs.

2. Average selling price (2.3116):

The current price is below the average selling price, which means the market is at a loss for investors who sold at this average.

3. Support and resistance levels:

Current support: at 2.1761 (lowest level in the last 24 hours).

Current resistance: at 2.3222 (close to the average selling price).

4. Trading volumes:

The trading volumes in the recent period show a relative decrease compared to the peak of the rise. This may indicate a decline in the bearish momentum, but with caution.

5. Auxiliary indicators:

MACD and EMA: If you want a more accurate analysis using these indicators, you can watch the intersection of the MACD lines and the moving averages (EMA) for reversal signals.

Future outlook:

Positive scenario:

If the price can break the resistance level at 2.3222, we may see an attempt to test higher levels (such as 2.3715 or even a return towards 2.9092).

This should be accompanied by a clear increase in trading volumes to boost momentum.

Negative scenario:

If the price fails to hold above the support level of 2.1761, it may continue to decline towards lower levels such as 1.90 or even 1.64.

Following the trading volumes and a break below the crucial support levels will confirm the downtrend.

Recommendations:

For speculators: Watch key support and resistance points carefully, and use stop loss to reduce risk.

For investors: If you intend to buy, wait for a clear confirmation of a trend reversal or price consolidation above the 2.3222 level.

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