Analysis of the current situation of DATA market
At present, DATA shows a bearish trend on all levels of charts, and there is no sign of rebound, so it is not advisable to go long easily. Please pay special attention to the position of 0.02684 at the 1-hour level. In the time frame of 2 hours to 4 days, bears still dominate. The lower support levels can focus on 0.02593, 0.02508 and 0.02402.
If you want to turn to a bullish trend, you must break through and stand above the price of 0.02648. Only after standing firmly at this position can there be a possibility of upward development. The upper pressure levels are around 0.02785, 0.02874 and 0.02953 respectively. If these pressures cannot be broken through, the possibility of continuing to go short is greater.
Today, the 1-hour level shows a sideways market during the day, and both long and short parties need to pay attention to risks.
When operating contracts, you should first consider defense and then look at profits! ! !