💰 Current Price: 0.13699 (-6.18% Downward Movement Trigger Point ) 📈 Trend: **Bearish trend continues**, but the price has bounced back and is tracking above the line, beware of potential trend reversal! | 54 K-lines have been run 🎯 Tracking Line: 0.13512 ( Dynamic stop-loss moved up to this point ) Key Levels: Support: Current tracking line / Previous low 0.13045 Resistance: 0.14053 / 0.14211 / 0.14490
Strategy: The current price stabilizes above the tracking line. Aggressive traders can take a small position to short-term rebound towards the nearest resistance 0.1405. Conservative traders should wait for clearer signs of stabilization or reversal 📉 Risk: Although MACD shows a golden cross, the overall decline is significant, with heavy resistance above. Beware that this may only be a rebound during the downtrend. If the price breaks below the tracking line, the bearish momentum could accelerate again!
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📊 CC/USDT 15m Technical Overview
💰 Current Price: 0.13699 (-6.18% Downward Movement Trigger Point )
📈 Trend: **Bearish trend continues**, but the price has bounced back and is tracking above the line, beware of potential trend reversal! | 54 K-lines have been run
🎯 Tracking Line: 0.13512 ( Dynamic stop-loss moved up to this point )
Key Levels:
Support: Current tracking line / Previous low 0.13045
Resistance: 0.14053 / 0.14211 / 0.14490
Strategy: The current price stabilizes above the tracking line. Aggressive traders can take a small position to short-term rebound towards the nearest resistance 0.1405. Conservative traders should wait for clearer signs of stabilization or reversal 📉
Risk: Although MACD shows a golden cross, the overall decline is significant, with heavy resistance above. Beware that this may only be a rebound during the downtrend. If the price breaks below the tracking line, the bearish momentum could accelerate again!