From the short-term perspective, this wave has increased by more than 3 times, and after reaching the peak, it started to drop. Now both KDJ and RSI are significantly overbought, and the price has also bounced off the upper band of the Bollinger Bands. Next, it is highly likely to fall, with the first support level around 0.43.
Operation suggestion: Short near 0.50-0.52 The target is initially set at 0.40
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TRUST, morning chart analysis:
From the short-term perspective, this wave has increased by more than 3 times, and after reaching the peak, it started to drop. Now both KDJ and RSI are significantly overbought, and the price has also bounced off the upper band of the Bollinger Bands. Next, it is highly likely to fall, with the first support level around 0.43.
Operation suggestion: Short near 0.50-0.52
The target is initially set at 0.40