📊 1000SATS/USDT 24-hour quick analysis | August 12, 2024
Current price: approximately 0.000264 (according to the latest price on the chart)
📈 Short-term trends:
It showed a volatile downward trend within 24 hours, gradually falling from a high of about 0.000272
🔍 Key price points:
Support: 0.000260-0.000262 area
Resistance: 0.000270-0.000272 area
💡 Trading advice:
- Long: consider entering if it breaks through 0.000270, and set the stop loss below 0.000268
- Short: A break below 0.000260 may be a signal, stop loss is set above 0.000263
📊 Trading volume analysis:
As can be seen from the heat map, the trading volume in the 0.000265-0.000270 range is relatively large, which may be an important support/resistance area.
⚠️ Risk warning:
- As a Bitcoin-related token, the price of 1000SATS may be highly correlated with the trend of BTC
- Prices fluctuate greatly in the short term, so it is recommended to operate with caution
- Follow Bitcoin network developments and overall cryptocurrency market sentiment
- Small market capitalization tokens may have low liquidity, so be aware of the risk of slippage when trading.
Disclaimer: This analysis is for reference only and does not constitute investment advice. The cryptocurrency market has high risks, so investment needs to be cautious.