First: Daily Closing Analysis (1D)
• The price is at 81,031 USDT with a clear decline.
• The moving averages MA (7, 25, 99) indicate:
• The price is below all moving averages = Continuous selling pressure.
• RSI (6) = 37.36 and RSI(12/24) below 40 → Gradual entry into oversold areas.
• MACD is clearly negative: the fast line (DIF) is below the slow line (DEA) and the histogram is red → Confirming the continuation of the downtrend.
• The price bounced from a low of 76,606 but did not break through the moving averages = A weak technical bounce only.
✅ Daily Result:
The overall trend is still down. Yesterday's bounce is not considered a strong rise as long as the moving averages are not broken.
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Second: Four-Hour Candle Analysis (4H)
• The last candle closed at 81,036, which is below the recently formed resistance area.
• The price is trading below the MA25 and MA99 averages.
• RSI(6/12/24) = 39 - 42 - 43 → Relatively weak momentum.
• MACD has started to weaken again and the histogram has started to contract → Weakness in the recent upward wave.
• We notice that there are attempts to bounce, but they could not hold above 82K.
✅ Four-Hour Result:
Confirmation of the continuation of the downtrend unless 82,000 – 82,500 is broken with a strong 4-hour close.
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🔮 General Upcoming Expectation (Daily + 4 Hours Confluence):
• The closest trend is to continue the gradual decline.
• The next support areas:
• 80,000 then 78,500 then 76,600 (previous low).
• Any new bounce will be a selling opportunity (Sell the Rallies) unless 82,500 is broken with a clear close.