WIFt's sharp rebound is imminent! Ambush at 0.755 to seize a 10% rebound, can dog-themed tokens make a comeback?
Price Status:
• Bollinger Bands: Current price 0.771 is 23.08% above the lower band (0.745), close to the oversold area, indicating short-term rebound demand.
• MA200 Deviation: -14.14%, price is significantly deviated from the long-term moving average, reflecting weakness but potential for mean reversion.
• Holding Cost Deviation: -11.48%, most holders are at a loss, selling pressure has weakened but rebound momentum is insufficient.
• RSI 31.34: Close to the oversold threshold, increasing probability of a technical rebound.
Market Strength:
• Trading Volume: 24-hour volume has shrunk to 73% of the average, declining on reduced volume suggests weakened selling pressure, but lacks main buying signals.
• Order Book: Buy-sell ratio 1.53x (buying is dominant), but near-term sell orders exceed buy orders (-98k), short-term under pressure; there are large buy orders below 0.5 (2.14 million), while there are dense sell orders above 0.842-1.2 (total 1.31 million), forming clear resistance.
• Capital Flow: Net contract flow in 24h reached -14.14 million USD, main funds continue to withdraw, but 15m net inflow of 87,000 USD with a 0.48% rebound, needs to be monitored for sustainability.
Key Levels:
• Support: 0.745 (Bollinger lower band), 0.75 (psychological level).
• Resistance: 0.842 (liquidity wall), 0.871 (holding cost), 0.898 (MA200).
Market Cycle
Currently in the mid-bear market, down 7.66% in 24h, down 24.93% on the weekly, primarily declining on reduced volume, no clear reversal signals observed.
Trading Strategy
Short-term bullish layout (1-3 days):
• Entry: 0.755 (close to the Bollinger lower band, betting on a rebound).
• Stop Loss: 0.738 (3% below the previous low for buffer).
• Target: 0.842 (first resistance level, dense liquidity area).
• Risk-Reward Ratio: 5.11 (calculated according to the rules).
Risk Warning:
• If it breaks below 0.745, it may accelerate downward, stop loss must be strictly enforced.
• Dense sell orders above, breakthrough requires volume support, otherwise timely profit-taking.
• Position ≤ 2%, avoid low liquidity periods (e.g., Asian morning).
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