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【Buy and Sell Levels】
- Buy Point 1: 3100 USDT (Integer support level, near previous swing low, with EMA7 providing some support)
- Buy Point 2: 3050 USDT (Stronger integer support level, close to the lowest price area after the December 12 crash, with potential large buy orders)
- Long Position Stop Loss: 3025 USDT (Slightly below Buy Point 2 to avoid further downside risk, also meets stop loss spacing requirements)
- Sell Point 1: 3150 USDT (Integer resistance level, near EMA30 pressure zone, also the upper boundary of recent consolidation)
- Sell Point 2: 3200 USDT (Higher integer resistance level, near the rebound high on December 11, potential selling pressure)
- Short Position Stop Loss: 3225 USDT (Slightly above Sell Point 2 to prevent continued rise after breakout, also meets stop loss spacing requirements)
【Price Trend Analysis】
1. Candlestick Patterns:
- Daily chart shows a large bearish candlestick on December 12, followed by two days of slight rebound, but overall still in a downtrend.
- 4-hour chart displays recent consolidation with price oscillating between 3100-3125, testing support around 3115 multiple times.
2. Technical Indicators:
- MACD: On the 4-hour chart, DIF and DEA are both negative; MACD histogram shows decreasing green bars, indicating weakening bearish momentum, possibly entering consolidation or rebound phase.
- RSI: Around 44 on the 4-hour chart, not in overbought or oversold territory, suggesting market sentiment remains neutral.
- EMA: Price is above EMA7 but below EMA30 and EMA120, indicating short-term rebound potential but ongoing medium- and long-term resistance.
3. Volume:
- Daily volume gradually decreasing, indicating increasing caution among buyers and sellers.
- 4-hour volume significantly reduced, reflecting lower market activity, likely to continue narrow-range oscillation in the short term.