1. **Overall Trend**:
The current price (81,838.01 USD) is in a downward trend, having decreased by 5.97%. The continuation of this trend should be monitored, especially if it continues to break support levels.
2. **Support and Resistance Levels**:
- **Support Level**:
- 81,730.06 USD. If the price breaks this level, it could decline further.
- **Resistance Level**:
- 82,331.52 USD. If the price can rise above this level, it may indicate a potential recovery.
### Buying and Selling Strategies
1. **Buying Strategy**:
- **When**: If the price starts to recover and consistently exceeds the resistance level of 82,331.52 USD.
- **Targets**:
- Set profit targets at higher levels such as 83,000 or 84,000 USD.
- **Risk Management**: Use a stop loss below the current support level to protect the purchase.
2. **Selling Strategy**:
- **When**: If the price continues to decline and breaks the support level of 81,730.06 USD.
- **Targets**:
- Set sell targets at the next potential support levels.
- **Risk Management**: Set a stop loss above the resistance level to limit losses.
### Additional Tips
- **Watch the News**: Changes in economic policies or major events can significantly affect the price.
- **Continuous Technical Analysis**: Monitor technical indicators (like RSI and MACD) to improve understanding of potential trends.
- **Market Assessment**: The overall behavior of the market (such as investor behavior) can have a significant impact on buying and selling decisions. #VoteToListOnBinance #CryptoTariffDrop #Binance #NeiroEthereum