Hello, I am Oupeng. Today is 02/07. The current price has dropped below 17 US dollars, and I expect it will continue to fall, but the extent of the drop may be limited (important point).
Personal buying and selling point views:
TRUMP 1-hour K-line cycle
- Buying point: 16.5 USDT
- Selling point: 18.0 USDT
Below is Oupeng's personal K-line analysis:
- K-line pattern:
- Recent price has been fluctuating downwards, with multiple hourly K-lines tightening and rising, indicating substantial pressure above.
- After significant fluctuations at the daily level, there has been a pullback, and it is currently consolidating at a low position.
- Technical indicators:
- MACD: Below the zero axis, both DF and DEA are negative, indicating that bearish forces dominate in the short term, but there are signs of narrowing.
- RSI: The value hovers around 40, has not entered the oversold zone, market sentiment is weak but not extreme yet.
- EMA: EMA7, EMA30, EMA120 are all diverging downwards, with the price operating below EMA7, indicating a bearish short-term trend.
- Trading volume:
- The trading volume has decreased in recent hours, and market wait-and-see sentiment has increased.
- During the significant drop at the daily level, trading volume significantly increased, and then gradually shrank.
218176560548324224643981937361254
87471709947