Current Market



· Price: 0.05926, new low in the market at 0.05913
· Moving Averages: MA5(0.06014), MA10(0.06088), MA30(0.06357), in a bearish arrangement, with the price below all moving averages
· KDJ: J value 30.23, K=35.52, D=38.16 — no oversold condition, indicating this decline is a smooth downward slide without extreme values after panic selling
· Bull-Bear Ratio: B 56.83% / S 43.17% — buying interest is starting to increase, some are accumulating at this level
· Key Levels:
· Support: 0.053 / 0.046
· Resistance: 0.0601 / 0.0609 / 0.0636

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Current Judgment

The price broke below the 0.06 level, creating a new low, but the KDJ is not oversold. This indicates:

· The downward momentum is still present, but the speed has slowed
· Buying interest is beginning to enter (B increased from 42% to 56%), short-term rebound or consolidation may occur
· The left-side signal for bottom-fishing and going long is not strong enough yet (J value at 30, still above 0)

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Next Recommendations

Continue to observe, do not rush to act

Conditions for going long: wait for clearer oversold or stabilization signals

· J value drops below 0 and turns upward
· Or a volume-increasing bullish candle appears on the 15-minute chart, stabilizing above 0.06
· Entry zone: around 0.056-0.058 after stabilization

Conditions for going short: wait for a rebound before shorting

· Entry zone: 0.062-0.064 upon rebound
· Confirmation signal: stagnation on the 15-minute chart with a rising price

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Summary

Current Status Action
Price 0.0593, new low Do not open positions
Going long Wait until J value below 0 or stabilizes above 0.06
Going short Wait for rebound to 0.062-0.064

Continuing to hold a short position is correct; now is not the time to act. After the price breaks below 0.06, observe the stabilization structure again. Wait for clearer signals before sending me a screenshot.
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