December 29, 2024 14:54 [Price Trend Analysis]

K-line pattern:
Recently, the price has been fluctuating around 3400, with significant volatility.
The appearance of multiple long upper and lower shadow lines indicates the presence of strong selling pressure and support in the market.
Technical Indicators:
MACD: The hourly MACD is below the zero axis, and both the DIF and DEA are diverging downwards. The daily MACD also shows a clear bearish trend.
RSI: Hourly RSI is approaching overbought zone, but has not entered it; Daily RSI value is 44.35, in the neutral to weak zone.
EMA: The hourly EMA7, EMA30, and EMA120 are in a sticky state, and the short-term direction is unclear. The daily EMA7 (3410.35) is below EMA30 (3514.25), indicating a long-term bearish trend.
Trading Volume:
The volume of transactions on an hourly basis has increased, indicating an increase in market activity.
The daily trading volume is relatively stable, without any abnormal increase or decrease in volume.
[Trading Levels]
Buy point 1: 3350 USDT (near the previous low, with strong support)
Buy point 2: 3300 USDT (integer support level, and close to EMA120)
Long stop-loss point: 3275 USDT (25 points below the second entry point to prevent false breakouts)
Sell Point 1: 3450 USDT (near the previous high point, there is selling pressure)
Sell Point 2: 3500 USDT (integer barrier pressure level, and close to the daily EMA30)
Short-selling stop loss point: 3525 USDT (25 points above the second selling point to prevent false breakthroughs)