OMG
The recent K-line shows a clear downward trend, especially the sharp drop on June 3 (from 0.6941 to 0.4993), forming a long negative line.
The price rebounded in the following days, but it is still in a low-level oscillation state overall.
MACD: MACD is running in the negative area, DIF and DEA are both negative, and DIF is slightly higher than DEA, indicating that the short-selling force is strong, but there are signs of weakening.
RSI: RSI14 is currently around 39, close to the oversold range, but has not fully entered, and there may be a technical rebound in the short term.
EMA: EMA7, EMA30 and EMA120 are in a short position, and the current price is below all major moving averages, indicating that the overall trend is still bearish.
Buy point 1: 0.450 USDT (reason: close to the previous low, and the integer level may form support)
Buy point 2: 0.440 USDT (reason: further down to a stronger support area, and more than 1% away from buy point 1)
Long stop loss point: 0.435 USDT (reason: if it falls below this position, it indicates that the support is invalid and stop loss is required in time)
Sell point 1: 0.480 USDT (reason: close to the recent high, and pressure may form near EMA30)
Sell point 2: 0.490 USDT (reason: further up to a stronger resistance area, and more than 1% away from sell point 1)
Short stop loss point: 0.495 USDT (reason: if it breaks through this position, it indicates that the resistance is invalid and stop loss is required in time)
