💰 Current Price: 0.15758 ( Comparison Trend Start Price 0.00%) 📈 Trend: Early Bearish Phase | 1 K-line has been formed 🎯 Trendline( Dynamic Stop-Loss Reference): 0.16581 Key Levels: Support 0.14860 ( Recent Low of this Retracement) Resistance 0.18510 / 0.19330
Strategy: The price just broke below the key level into a downtrend, but the first K-line shows a rebound of over 6%, indicating intense battle between bulls and bears. The current price remains significantly below the downtrend line, maintaining a bearish outlook. The 0.16581 level can be used as a boundary for rebound strength. If the rebound fails to break through this line, it remains a high-probability shorting opportunity.
Risk: The price quickly rebounds from the low point, so be alert for the first failed attempt of the bearish trend to rebound. If the price firmly stays above 0.16581, the current downtrend may be invalidated.
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📊 4-Hour Technical Overview
💰 Current Price: 0.15758 ( Comparison Trend Start Price 0.00%)
📈 Trend: Early Bearish Phase | 1 K-line has been formed
🎯 Trendline( Dynamic Stop-Loss Reference): 0.16581
Key Levels:
Support 0.14860 ( Recent Low of this Retracement)
Resistance 0.18510 / 0.19330
Strategy: The price just broke below the key level into a downtrend, but the first K-line shows a rebound of over 6%, indicating intense battle between bulls and bears. The current price remains significantly below the downtrend line, maintaining a bearish outlook. The 0.16581 level can be used as a boundary for rebound strength. If the rebound fails to break through this line, it remains a high-probability shorting opportunity.
Risk: The price quickly rebounds from the low point, so be alert for the first failed attempt of the bearish trend to rebound. If the price firmly stays above 0.16581, the current downtrend may be invalidated.