📊 Current Situation Summary
Current Price: 3.2659 USDT
Short-Term Trend: Confined within a Descending Channel (Channel Down).
Active Indicators: Bollinger Bands (BOLL), RSI, MACD.
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1️⃣ Technical Analysis
Bollinger Bands BOLL
Upper Limit: 3.3275 → The price is close to it, which means potential selling pressure if not strongly broken.
Middle Line (MB): 3.2485 → The price is currently above it, a small positive signal.
Lower Limit: 3.1695 → Key Short-Term Support.
Descending Channel
The price is moving between the channel limits (Resistance at 3.32 – Support at 3.18).
Any explicit break of resistance with a 4-hour candle closing above 3.33 is considered a bullish reversal signal.
Breaking the support below 3.18 will retest levels 3.03 – 2.90.
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2️⃣ Supporting Indicators
RSI (6)
Value: 57.39 → In the neutral area leaning upwards.
No overbought, which means the rise can continue if resistance is broken.
MACD
Fast Line DIF: 0.0216
Slow Line DEA: 0.0166
The difference is positive (0.0050) → Weak but ongoing bullish signal.
The last peaks of the index are close, indicating that momentum is not strong yet.
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3️⃣ Support and Resistance Levels
Strong Support: 3.18 – 3.17 then 3.03
Strong Resistance: 3.32 – 3.33 then 3.38
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4️⃣ Expected Scenarios
🔼 Bullish Scenario
Break of 3.33 with strong 4-hour close + high trading volume → Targets:
Target 1: 3.38
Target 2: 3.49 (Old Upper Bollinger Peak)
🔽 Bearish Scenario
Breaking 3.18 with a 4-hour close → Targets:
Target 1: 3.03
Target 2: 2.90 (Old Lower Bollinger Support)
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5️⃣ Current Recommendation (Short Term)
For Quick Speculation:
Safe Entry: Wait for a break of 3.33 or a strong rebound from 3.18.
Stop Loss: Below 3.16.
Gradual profit-taking at 3.38 – 3.49.
For Medium-Term Investors:
Buy near 3.18 – 3.03 with quantity division.
Target 1: 3.38, Target 2: 3.49, Target 3: 3.60.
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📌 Summary: The market is currently in a waiting and testing phase, and the momentum is not strong but the indicators lean positively. The most important point now is to monitor 3.33 as the key for upward movement and 3.18 as the key for downward movement.
