$DEEP's recent price movement is revealing some signals worth paying attention to from a technical perspective.

Looking at the moving averages first. After a sharp short-term rally, the price has clearly deviated from the 4-hour EMA 30, and this magnitude of divergence typically doesn't hold for long—the market itself will generate a need for technical correction. A more direct signal comes from the 1-hour timeframe, where the short-term moving average (EMA 7) has begun to turn downward with signs of forming a death cross below the EMA 15. This clearly reflects weakening short-term momentum. The key point to watch now is whether price can find support near the EMA 30.

The MACD indicator presents a clearer picture. On the 1-hour chart, the fast and slow lines (DIF and DEA) have already formed a clear death cross at elevated levels, and the red momentum histogram is gradually expanding in volume, confirming that bearish momentum is strengthening. If this signal is also confirmed on the 4-hour chart, the pullback could be deeper and longer in duration.

Combining both signals—moving average divergence plus MACD death cross at high levels—creates a resonance that further reinforces the validity of the short-term top structure. If the subsequent rebound fails to effectively break above the previous high point, and the MACD indicator fails to regain strength, then from a strategic perspective, the pullback should be expected to continue. Without true price breakdown of support levels, bears remain in the dominant position. However, in actual trading, the main approach should be to set up positions at rallies after pullbacks while strictly setting stop losses.