The current price of Yi Tai Coin is fluctuating around $2434, approaching the dense zone of 2415-2440, where the cumulative trading volume accounts for as much as 7.1%, highlighting the bulls building a strong support line here.
From a technical perspective, the 4-hour candlestick chart shows a doji pattern, while the KDJ indicator has formed a death cross, indicating that short-term upward momentum is exhausted and the risk of a pullback has significantly increased. The volume data further supports the downtrend, with the average volume over the past 10 periods declining by 15%, and market trading activity remains persistently sluggish, lacking effective momentum support for a rebound. Operational advice:
It is recommended to set short positions around $2465, with a short-term target first looking at $2360. Be sure to set strict stop-loss orders during trading to guard against the risk of price reversals. $ETH #币安HODLer空投NEWT