S Market Analysis and Order Strategy
S Coin is currently in a clear downtrend, with consecutive daily closing prices showing bearish candles. The current price has retreated to a key support range (previous low 0.3154 to 0.4140).
If it cannot stabilize and bounce back in this area, there is a risk of continuing to test the annual low.
Key Points of Technical Analysis:
The price has continuously broken through multiple support levels, with bearish sentiment dominating;
Trading volume continues to shrink, indicating a lack of market confidence;
If today's closing price falls below 0.4100, a new round of decline may begin;
Operational Suggestions (focus on short selling)
Entry Point: 0.4140
Take Profit Target: 0.3550
Stop Loss Setting: 0.4380