#COAI #COAi【Price Trend Analysis】

1. K-line pattern:

- Recently, after a sharp drop from a high price, it has formed a low-level consolidation pattern and is currently in a rebound phase.
- The daily level shows a long lower shadow on October 25, indicating strong buying support at lower levels; subsequently, the candlestick gradually narrows, presenting a corrective trend.

2. Technical Indicators:

- MACD: The 4-hour MACD is still below the zero line, with the green bars shortening, indicating a weakening of bearish momentum, but it has not fully turned bullish yet.
- RSI: RSI14 value 38.405, close to the oversold range, rebound strength is limited, need to pay attention to whether it breaks above 50.
- EMA: EMA7 (7.110) has crossed above EMA30 (10.022), but the overall moving average system is still in a bearish arrangement, with EMA120 (8.542) exerting pressure on the price.

3. Trading Volume:

- The 4-hour trading volume has increased, indicating that market sentiment is active and capital inflow has risen.
- The daily trading volume has significantly decreased compared to the previous days, indicating a heightened wait-and-see sentiment in the market.
[Buy and Sell Points]

- Buy Point 1: 6.500 USDT (Price pulls back near previous lows, integer level forms support, while approaching EMA7 moving average position)

- Buy Point 2: 6.300 USDT (Further pullback to the previous segment low area, trading volume may shrink, buying pressure increases)

- Long Stop Loss Point: 6.150 USDT
-#CPI数据来袭 $BTC