Dog Dealer's Pressure on the Main Card! RED Card at 0.023 Dollars, Dead Fish Lying Flat, Long and Short Meat Grinder Activated
The market shows clear signs of manipulation by the dog dealer, MA5 (0.024 Dollars) and MA10 (0.0238 Dollars) have formed a dead cross, capping the prices at 0.023 Dollars. The dog dealer has placed a wall order of 270 million chips (6.21 million Dollars) at 0.024 Dollars. VOL has shrunk to 1.36 million Dollars, less than 25% of the same time yesterday.
Technical Indicators Show Crushing Pressure: MACD's dead cross under water has opened up to 0.0011 Dollars, KDJ's three lines are stuck in the 18 oversold area, and the lower Bollinger Band has smashed down to 0.021 Dollars. EMA7 and EMA30 form a 'death corridor', clearly indicating that the bears want to break through the floor.
News Flash: Triple Nuclear Bombs
Whale's Sell-off Confirmed: On-chain address 0x33a transferred 92 million RED to Binance (approximately 2.116 million Dollars), on-chain liquidation threshold has been pushed down to 0.0175 Dollars; Project party causing trouble: Multi-signature wallet has unusually transferred 98 million tokens (accounting for 9.8% of circulation), countdown for unlocking corrected to 20 hours; Macro black swan: Tonight's US February retail sales month-on-month expected at +0.6% (previous value -0.9%), if the data is cold, it will trigger market panic selling.
Technical Analysis: Descending Channel Secured, Pin Warning
On the daily level, RED is moving within a descending channel, with an upper trend line resisting at 0.0245 Dollars, and lower support adjusted down to 0.0165 Dollars (weekly EMA120 + on-chain chip dense area). On the four-hour level, the price is stuck below the EMA30 resistance level of 0.024 Dollars, MACD bearish momentum is expanding again, RSI has broken below the 20 oversold area with no rebound, and the dog dealer is expected to sell off after data is released.
Old-School Hardcore Strategy: Don’t Be Cannon Fodder
Spot traders should place buy orders below 0.0165 Dollars in batches (adding 15% for every 0.001 Dollar drop), leaving 60% of ammunition in case of a spike down to 0.013 Dollars (on-chain liquidation disaster zone).
Contract dogs should add shorts at 0.024-0.0242 Dollars, with a stop loss at 0.0255 Dollars, targeting a break line at 0.018 Dollars.
MEME sector PEOPLE and DOGE fell **11%**, funds fleeing to BTC and SOL for safety.
Life and Death Line:
Breaking below 0.0165 Dollars triggers on-chain liquidation, but it could be the dog dealer's violent washout prelude; stabilizing above 0.0245 Dollars raises caution about false breakouts, especially pay attention to 'good news' smokescreens before unlocking; market liquidity tightens ahead of the Federal Reserve's interest rate decision, a volatile market is imminent.
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