$1000SATS

Complete technical analysis – $1000SATS/USDT

Short term (1h–4h): Technical bearish, possible rebound to watch if oversold indicators trigger a reversal.

General sentiment: Still bullish in the background (long/short ratio), but currently in a technical correction phase.

Current price: 0.0000458 (-3.58%)

Technical indicators (1h):

Exponential Moving Averages:

EMA(19) ≈ 0.0000466

EMA(38) ≈ 0.0000468

The price is moving below the EMA19/38, a sign of short-term bearish pressure.

MACD: negative histogram with signal line above → confirmed bearish momentum.

RSI(6): ≈ 29 → close to the oversold zone, indicating a possible technical reaction.

StochRSI: ≈ 13.6 → also very low, indicating strong selling pressure, but often followed by rebounds.

Order book:

Strong demand between 0.0000453 and 0.0000457, active support zone.

Dense supply between 0.0000460 and 0.0000465, immediate resistance zone.

Balanced market, slightly dominated by sellers in the short term.

Sentiment & Trading Data (1h):

Open positions: Slight continuous decline around 384-387M, reflecting a gradual withdrawal of leverage.

Long/Short ratio of top traders: Still high at ~3.5 → clear advantage to long positions, a signal of dominant bullish confidence despite the correction.