Strategy: Price closely follows the downward trend line, a rebound is a good opportunity to short! Bears still dominate, short on rallies. 🔥 Risk: Support at 0.02714 below is fragile; if broken, it could accelerate a crash! MACD has been in a long-term plunge of 229%, beware of dead cat bounce reversal. 😨
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
📊 MON 1h Technical Overview
💰 Current Price: 0.02723 ( -1.48%)
📈 Trend: Bearish trend continues 🔻 | 16K candles run
🎯 Tracking Line: 0.02745 ( Dynamic stop-loss reference )
Key Levels:
Support 0.02714 / 0.02539 / 0.02452
Resistance 0.03000 / 0.03100
Strategy: Price closely follows the downward trend line, a rebound is a good opportunity to short! Bears still dominate, short on rallies. 🔥
Risk: Support at 0.02714 below is fragile; if broken, it could accelerate a crash! MACD has been in a long-term plunge of 229%, beware of dead cat bounce reversal. 😨