💰 Current Price: 6.554 (-19.27%📉) 📈 Trend: Bearish trend continues | 224 K-lines have been run 🎯 Tracking Line: 6.604 ( Dynamic Stop Loss Reference ) Key Levels: Support: No clear support yet… Resistance: 8.049 / 8.113 / 8.159
Strategy: Price remains below the tracking line, indicating strong bearish control. Focus on short positions with the trend, using this line as a dynamic resistance. Consider a trend reversal only after breaking above it. Risk: When the distance between the price and the tracking line is less than the volatility range, beware of trend reversal risks! The decline has exceeded 200 K-lines, and bearish momentum is nearing exhaustion. The rebound risk is increasing.
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📊 PROM 15-Minute Technical Overview
💰 Current Price: 6.554 (-19.27%📉)
📈 Trend: Bearish trend continues | 224 K-lines have been run
🎯 Tracking Line: 6.604 ( Dynamic Stop Loss Reference )
Key Levels:
Support: No clear support yet…
Resistance: 8.049 / 8.113 / 8.159
Strategy: Price remains below the tracking line, indicating strong bearish control. Focus on short positions with the trend, using this line as a dynamic resistance. Consider a trend reversal only after breaking above it.
Risk: When the distance between the price and the tracking line is less than the volatility range, beware of trend reversal risks! The decline has exceeded 200 K-lines, and bearish momentum is nearing exhaustion. The rebound risk is increasing.