1. Overall trend
🔹 Price: 88,206.01 USDC, down by -4.07%.
🔹 50-day and 200-day moving averages (MA): the price is trading below the long-term MA, indicating a bearish trend.
🔹 Short-term MA (yellow line) crossed the red MA from top to bottom, signaling a downtrend.
🔹 Nearest support level: 85,949.80 USDC.
🔹 Resistance level: 89,376.01 USDC.
2. Stochastic Oscillator (K, D, J)
🔹 K: 23.80, D: 42.71, J: -14.03 – a K value below 20 indicates asset is oversold.
🔹 Probability of a bounce from the support level, however, the signal is not yet confirmed.
3. Relative Strength Index (RSI)
🔹 RSI (6): 35.47, RSI (12): 48.32, RSI (24): 48.74
🔹 RSI is in the lower part of the neutral zone but has not reached oversold (<30).
🔹 The trend does not yet indicate a reversal.
4. MACD (Moving Average Convergence Divergence)
🔹 DIF: 208.04, DEA: 229.28, MACD: -21.24
🔹 MACD histogram is red and decreasing, indicating bearish momentum.
🔹 Possible continuation of the decline if there is no confirmed reversal.
5. Wm %R (Williams %R)
🔹 Wm %R (14): -68.53
🔹 In the oversold zone (-80 and below), but there is currently no clear buy signal.
Trading strategy
Short-term trading (scalping, day trading)
1️⃣ Expect confirmation of the support level 85,949.80 USDC.
2️⃣ If the price holds above the level and RSI starts to rise → open a long with a short target of 89,200 USDC.
3️⃣ Stop-loss 85,500 USDC.
4️⃣ If the price breaks the support level downwards → a short to 85,000 USDC is possible.
Medium-term trading
1️⃣ Bearish trend persists until the price breaks above 89,376 USDC and holds above.
2️⃣ Long-term buyers may wait for a confirmed bottom before entering.
Conclusion: The market is weak so far. If the price does not hold at support, a short can be considered. If it shows strength, there is a chance for a bounce.
Not financial advice.
