Current Trends and Key Positions
Clearly Defined Downtrend
The daily line has continued to close in the red, with high and low points gradually declining, and short-term rebounds are under pressure.
Focus on Key Support Levels: 0.00001191-0.00001200
Resistance Zone - Bearish Fortress
Strong Resistance 1: 0.00001258-0.00001300
Strong Resistance 2: 0.00001511-0.00001700
Support Band - Multi-layer Defense Network
First Line of Defense: 0.00001191-0.00001200
Second Line of Defense: 0.00001041-0.00001100
Lifeline: 0.00000816
Subsequent Trend Analysis and Strategy
1. Most Likely Path
If the support at 0.00001191 is broken, it will quickly drop to the 0.00001041-0.00001100 range. A drop accompanied by increased volume selling is a dangerous signal.
2. Rebound Opportunity
Only when there is a volume rebound at the support level + a general market rise, can one go long for a rebound, targeting 0.00001260. Beware of false signals: after an 8% rebound on May 22, it plummeted 23% the next day.
3. Breakout Risk Contingency Plan
If it falls below 0.00001000, the downside opens up, targeting 0.00000816. In an extreme bear market, it could reach 0.00000389.
Practical Suggestions
Bearish Strategy: Short at current price, set stop loss above 0.00001260, target 0.00001050.
Bullish Strategy: Wait patiently, only buy the dip when a double bottom structure + volume bullish engulfing appears.
Core Indicators:
✅ Net Inflow Volume of Exchange
✅ Changes in Leverage Ratio
❌ Do not blindly catch falling knives - MEME coins lack fundamental support, rapid declines have no bottom.
Are you stuck? When to buy the dip? As always, if you feel lost and helpless, comment on my profile. I need fans, you need references.
