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Details: ht
[Price Trend Analysis]
1. K-line pattern:
- The daily chart shows that the recent price has gradually rebounded from the low of 2616.24 on June 12, forming consecutive bullish candles, and is currently approaching the previous high area (around 2620).
- The hourly chart level saw a significant increase in volume after 09:00 on June 16, and is currently in a short-term upward trend, but is approaching the resistance level of the previous peak.
2. Technical Indicators:
- MACD: The hourly MACD continues to diverge upward, with both DIF and DEA being positive, indicating strong bullish momentum; however, caution is needed for the risk of a pullback after excessive expansion.
- RSI: The hourly RSI is currently 69.74, approaching the overbought zone, and may face some pullback pressure in the short term.
- EMA: The price remains above EMA7, EMA30, and EMA120, with EMA7 > EMA30 > EMA120, showing a typical bullish arrangement, indicating strong support.
3. Trading Volume:
- The daily trading volume has gradually shrunk since June 13, indicating that market sentiment has weakened. Attention should be paid to whether there is an increase in volume when breaking through key resistance levels.
The hourly chart showed significant volume during the period of June 16 at 09:00, driving the price up rapidly to the current level.
[Buy and Sell Points]
- Buy Point 1: 2575 USDT (Reason: Previous hourly low support level, close to the EMA30 moving average, while the round number has strong support effect)
- Buy point two: 2545 USDT (Reason: Closer to the key support area at the daily level, and near the low point of the pullback on the morning of June 16, further confirming the validity of the support.)
- Long Stop Loss Point: 2520 USDT (Reason: Breaking below the June 15 low of 2514 may trigger more selling pressure, need to stop loss and exit in time)
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- Sell Point 1: 2620 USDT (Reason: The current price is approaching the resistance level of the previous high, and may face selling pressure in the short term)
- Sell Point 2: 2650 USDT (Reason: If it breaks through the resistance at 2620, the next important resistance area above is near the 2650 integer mark)
- Short Stop Loss Point: 2670 USDT (Reason: If the price breaks through 2650 and stabilizes, it will form a new upward trend, short positions need to stop loss)
Analysis based on data model inference does not constitute investment advice and is for reference only.