Current price: ~0.0808 USDT | 24h volatility: -23.6%
Notable signal: RSI(6) on the daily frame = 17 (strongly oversold), slightly upward MACD on the daily frame → sign of technical recovery.
🔍 Multi-frame technical analysis
• 15m frame – RSI(6) = 26, slightly positive MACD → Halting the downward trend but the direction is still unclear.
• 1h frame – RSI(6) = 30, negative MACD → Downward pressure remains, weak rebound.
• 4h frame – RSI(6) = 30, slightly negative MACD → Weakening downward trend, potential for recovery.
• 1D frame – RSI(6) = 17 (strongly oversold), slightly upward MACD → Could be nearing a reversal if volume supports it.
🎯 Trading strategy
✅ Futures trading
Main scenario – Technical Long rebound (prioritize if breakout MA7)
• Entry: Above 0.0840 (when the price surpasses MA7 on the daily frame)
• TP: 0.0936 – 0.1018
• SL: 0.0770
• Probability: ~60%
• Reason: Strongly oversold RSI on the daily frame, MACD shows signs of crossing up – potential reversal signal.
Secondary scenario – Continue Short if breaking the bottom at 0.0770
• Entry: Below 0.0770
• TP: 0.0700
• SL: 0.0810
• Probability: ~30%
• Reason: Selling pressure remains high if there is no recovery volume, low RSI persists.
⚠️ Risk management
• Do not enter when the price fluctuates in the range of 0.078–0.084 (noise range).
• Prioritize observing volume and only enter when there is a significant increase in volume.
• Adhere to a R:R ratio ≥ 1:3 to protect the account.
Conclusion: Prioritize a Long position if the price surpasses MA7 on the daily frame (~0.0840), wait for MACD and volume confirmation. Do not catch the bottom if the market remains weak.