#AIAgent热潮

GOAT Market Analysis

From the K-line analysis: The market has already moved out of the bottom range at 0.54. Currently, there has been a pullback above the resistance level of 0.54. The previous resistance at 0.54 has now become a support level. The market has reached this position twice and has started to stop falling. At the same time, we can also see that the selling volume near the support level is showing a contraction characteristic;

From the RSI analysis: The relative strength index's fast line has reached 18.4, which is below 20, indicating that on the 4-hour chart, the market is currently at the bottom. Even if there is a possibility of a decline, the extent of the drop will be very weak.

Summary: Based on multiple indicators, the market reaching near 0.53 is considered a favorable support level, leading to a natural stop of the decline. The relative strength index also indicates that the market has entered a weak area in the short term, making it a good time to build positions, with a continued bullish outlook for the future, waiting for takeoff.

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$GOAT