TOSHI's recent technical situation is indeed not very optimistic. Looking at the multi-timeframe moving averages, almost all are showing a "sell" signal, and the RSI(14) is only 26.8, which has already touched the oversold edge.
Although oversold conditions sometimes lead to rebound opportunities, the current issue is that the overall trend remains bearish. This means that even if a technical rebound occurs, the main trend still carries significant risk.
If you're considering contract trading, here’s a possible approach:
First, use rebounds to short as the main strategy, and try to avoid blindly bottom-fishing. The dense moving averages above (especially around 0.00031085) can be regarded as important resistance levels.
Second, always remember two words—discipline. Stop-losses must be set, and position sizes should be controlled. TOSHI is ultimately a Meme coin, with fierce volatility and higher risk of slippage. Without proper risk management, it’s easy to get bitten back.
Disclaimer: This is an analysis based solely on publicly available technical data and not investment advice. Contract trading itself carries extremely high risks, and the final decision is ultimately in your hands.
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TOSHI's recent technical situation is indeed not very optimistic. Looking at the multi-timeframe moving averages, almost all are showing a "sell" signal, and the RSI(14) is only 26.8, which has already touched the oversold edge.
Although oversold conditions sometimes lead to rebound opportunities, the current issue is that the overall trend remains bearish. This means that even if a technical rebound occurs, the main trend still carries significant risk.
If you're considering contract trading, here’s a possible approach:
First, use rebounds to short as the main strategy, and try to avoid blindly bottom-fishing. The dense moving averages above (especially around 0.00031085) can be regarded as important resistance levels.
Second, always remember two words—discipline. Stop-losses must be set, and position sizes should be controlled. TOSHI is ultimately a Meme coin, with fierce volatility and higher risk of slippage. Without proper risk management, it’s easy to get bitten back.
Disclaimer: This is an analysis based solely on publicly available technical data and not investment advice. Contract trading itself carries extremely high risks, and the final decision is ultimately in your hands.