$ACH
⏱️ Timeframe: 1 Hour (1h)
Current Price: 0.020063 USDT
1. Candlestick Pattern:
Price is forming a gradual downtrend pattern with dominant red candles.
Currently, a slight rebound is seen around the 0.0198 area, indicating potential temporary support.
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2. RSI (Relative Strength Index):
Current RSI: 36.61
Meaning: Entering a light oversold zone, approaching 30.
Short-term rebound potential may occur, but remains weak until breaking >50.
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3. Stochastic Oscillator:
Value: 26.34
Stochastic is approaching the oversold zone and the blue line is starting to cross up with the orange line.
This signals potential short-term upward reversal, but there is no strong confirmation yet.
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4. General Trend:
Still overall bearish, as seen from the continuous price decline.
Price is also below the resistance area of 0.0206–0.0210.
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5. Important Levels:
Strong support: 0.0195–0.0198
Nearest resistance: 0.0206 – 0.0210
If price can break >0.0210 with volume, the potential pullback could continue.
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✅ Conclusion & Scenario:
🔽 Dominant Bearish (Caution long):
Trend is still declining, although there is potential for a small rebound from the oversold area.
Suitable for short buy scalping, not for long-term holding at this time.
📌 Recommendation:
Aggressive long entry (scalp): 0.0198–0.0200, TP: 0.0206–0.0210
Discipline SL below 0.0195 (if support breaks)
Or wait for a valid break >0.0210 before opening a safer position.