【Ice Cream Learning Trading Review from 0】

Pretty good, just started learning trading and paid some tuition, naively thinking that the support was very strong, went long at 0.68 and set a stop loss at 0.65.

Chart 1:

Red trend line: The price has been declining all the way down, with a clear downward trend suppressing it.

Blue small box: The support area that I naively thought at the time, but it was breached shortly after.

Trading volume: When breaking below support, the volume clearly increased, and bearish sentiment was completely unleashed.

Previously, there was a brief sideways movement around 0.68, seemingly with support.

But as the bearish pressure intensified, the volume suddenly increased, directly breaking through.

Later, the price attempted to pull back but was weak in the upward attack, continuing to oscillate downward.

Now looking at Chart 2:

Here, two consecutive large bearish candles appeared, while trading volume quickly increased.

The first bearish candle broke through the previous small support consolidation area.

The second bearish candle continued to increase in volume, completely collapsing the local structure.

These two volumes + the bodies together formed the main driving force for this accelerated decline.

The entire journey is entirely consistent with typical bearish characteristics:

Increased volume down → Weak pullback → Continued decline.

This also confirms a simple but important understanding:

The market is always right; support is not an absolute wall, but a psychological line that can be breached.

Current market situation summary:

A clear increase in volume and decline previously, two large bearish candles breached support, with bears in control.

Then low-level oscillation, with overall trading volume shrinking (typical consolidation after a decline).

In the latest wave, from yesterday to now:

There have been consecutive small bullish candles + increased volume rebound (especially the last green bar, where volume significantly increased).

The rebound strength is stronger than in previous oscillations.

The current price is around 0.6543, starting to approach the upper edge of the previous small platform area.

✅ If the trend continues to be strong (for example, if it increases volume and stands above the 0.66-0.665 area):

It indicates that this rebound genuinely has funds entering,

It may challenge higher positions, such as retesting around 0.68 (previous support level, which may now become a resistance level).

✅ If the trend encounters resistance and falls back (especially if it can't break through and volume shrinks again):

Then this wave is just a weak rebound,

It is very likely to return to the oscillation area or even continue to explore new lows (for example, to touch 0.63, 0.62).