The princess is still accumulating
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1. Current trend analysis
Current price: 2,488.81 USDT
EMA(7): 2,505.30 — above current price → short-term trend is decreasing.
EMA(25): 2,518.88 — also above price → selling pressure.
EMA(99): 2,532.91 — price is below all main EMA lines → medium-term trend is decreasing.
✅ Overall: Slight downtrend – accumulating in the nearby support area.
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2. MACD
DIF: -11.56
DEA: -13.42
MACD Histogram: +1.86
👉 Slight bullish crossover signal (MACD crossing up Signal from the negative zone) → initial sign of a rebound, but not strong yet.
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3. Trading volume
Overall volume is low, gradually decreasing → the market is sideways accumulating, no significant capital entering.
4. Important support and resistance
Nearby support: 2,482 (lowest price in 24h) → current price is testing this area.
Resistance: EMA(25) at 2,518.88 and the nearest peak 2,621.
Strong resistance: 2,788 (previous peak – could be the target if breakout is successful).
✅Suggested swing trade strategy
🎯Entry (Buy):
If the price holds the 2,480–2,500 range, entry around 2,485–2,495 may be possible.
Waiting for confirmation of a green candle on the 4h with increased volume is best to enter
🛡️Stop-Loss:
Set below the strong support area: 2,435 – 2,440 (avoid sweeping random stops).
Risk ~2%.
🎯Target (TP):
TP1: EMA25 around 2,518–2,530
TP2: 2,621 (nearest strong resistance)
TP3: 2,780 (in case of strong breakout)