š Current technical analysis (4-hour time frame):
š¹ 
Current price: 0.16415 USDT
š¹ Moving Averages:
MA 7 (Yellow): above the current price ā short-term negative.
MA 25 (Pink): the price is below it ā Continuous selling pressure.
MA 99 (Purple): the price is close to it ā reflects a phase of fluctuation or waiting.
š¹ Candles:
The last two candles show a weak attempt to bounce back after a drop, but without strong momentum.
š¹ MACD:
The main MACD line is below the signal line and the indicator is negative ā Continuous bearish signal.
No upward crossovers so far, indicating a lack of positive momentum.
š¹ Volumes:
Decrease in trading volume ā Low interest currently, the market is in a waiting state.
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š Overall trend:
The market has been in a short-term downtrend since the last peak of 0.17542.
Bounced from support 0.15655, but did not break strong resistance levels.
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š¢ Support and Resistance Levels:
Strong support: 0.1612 and 0.1565
Immediate resistance: 0.1673 then 0.1720
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š§ Scalping Recommendation (Instant):
Situation Recommendation
The market now ā ļø Caution ā No immediate entry
If the price returns to 0.1615 ā Short scalping buy aiming for 0.1655 - 0.1670
If it breaks 0.1675 with a 4-hour candle close ā Buy aiming for 0.1720
If it breaks 0.1610 with a close ā Exit ā Quick sell because the support is broken
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š Suggested Strategy:
Entry: at support 0.1615 while monitoring the volume.
Stop loss: 0.1590
Target: 0.1655 ā 0.1670 (scalping)
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