The chart shows significant volatility with prices ranging from 60,000 to 140,000. The most recent data points (80,443 down to 60,000) suggest a potential downtrend, but we'd need to see the sequence to confirm.
Support and Resistance Levels
Key levels apparent from the data:
Strong resistance around 140,000-135,000 (multiple tests)
Psychological resistance at 100,000
Support appears around 60,000 (current low)
Intermediate support may exist at 90,000 and 75,000 based on clustering
Volume Analysis
The volume data points (0.37 with 10,000, etc.) show some correlation with price movements, but without knowing which volumes correspond to which prices, it's hard to determine divergences.
Trend and Momentum
The higher prices (140,000-175,000) appear earlier in the timeline (Feb-Mar), with a general decline toward the later dates (Nov), suggesting a longer-term bearish trend.
Trading Opportunities
Long positions: Might consider if price bounces from 60,000 support with confirmation
Short positions: Could be valid if price fails to break above 90,000 resistance
Swing trading: Range-bound strategies between 60,000-90,000 may work
Risk Management
Stop-loss for longs: Below 60,000
Stop-loss for shorts: Above 90,000
Initial targets: 75,000 (for shorts) or 90,000 (for longs)
Risk-reward should aim for at least 1:2
Market Context
The timeline shows activity from Feb 2026 (projected) back to earlier dates, suggesting we're looking at historical data. The general downward movement may reflect broader market conditions during that period.
Future Projections
If 60,000 support holds, we might see a rebound toward 90,000. A break below could target lower levels (next support not visible in data).
Psychological Zones
Key round numbers:
100,000 (major psychological level)
75,000 and 90,000 (intermediate levels)
Custom Suggestions
This chart might suit:
Range trading strategies between clear support/resistance
Breakout strategies if key levels are breached with volume
Mean reversion at extremes (60,000 support, 140,000 resistance)
