$1000SATS

The sentiment remains overall positive, despite a slight technical correction.

The best traders continue to strengthen their long positions.

The price remains above several important supports, which currently limits the risks of a deeper drop.

Technical analysis (1h)

Current price: 0.0000438 USDT (-0.90%)

Chart: The price shows a correction after reaching a local peak at 0.0000487. It is now testing the area near the EMA38 (0.0000442), which represents a dynamic support to watch.

MACD: Slight bearish crossover, indicating short-term selling pressure.

RSI(6): At 36.43 — in neutral zone but close to the oversold zone.

StochRSI: Low as well (~29), suggesting a potential technical rebound to come.

Trading data (1h)

Open positions: Slight decrease around 437M-438M, a sign of profit-taking or reduction of exposure, without panic.

Long/Short ratio of the best traders: Continuously rising >3.4, with more than 75% of accounts long, indicating strong bullish conviction.

Order book

Visible support around 0.0000435 to 0.0000437

Moderate supply between 0.0000440 and 0.0000450, without a massive sell wall → the market remains fluid.