#密码资产动态追踪 🌹🌹Life Coin short-term rally to $0.155 faced resistance and pulled back, key level to watch is the 1-hour Bollinger Band middle line at $0.144 — this is the dividing line between bulls and bears. Technically, MACD is hugging the zero line, and RSI has broken below 50, indicating a weak market with sideways volatility.
Resistance is at $0.187, and the selling pressure is indeed strong. There is support at $0.127 below. Spot funding inflow has already slowed significantly, so caution is advised as high leverage in futures contracts can easily trigger a reversal.
Strategy-wise, it’s better to go short at high levels and long at low levels, setting up short positions when prices rise and adding longs when prices dip. Consider chasing higher only after a confirmed breakout above $0.187; otherwise, there’s a risk of getting trapped. Keep an eye on trading volume and indicator changes, and avoid being misled by noise.
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#密码资产动态追踪 🌹🌹Life Coin short-term rally to $0.155 faced resistance and pulled back, key level to watch is the 1-hour Bollinger Band middle line at $0.144 — this is the dividing line between bulls and bears. Technically, MACD is hugging the zero line, and RSI has broken below 50, indicating a weak market with sideways volatility.
Resistance is at $0.187, and the selling pressure is indeed strong. There is support at $0.127 below. Spot funding inflow has already slowed significantly, so caution is advised as high leverage in futures contracts can easily trigger a reversal.
Strategy-wise, it’s better to go short at high levels and long at low levels, setting up short positions when prices rise and adding longs when prices dip. Consider chasing higher only after a confirmed breakout above $0.187; otherwise, there’s a risk of getting trapped. Keep an eye on trading volume and indicator changes, and avoid being misled by noise.
$BNB $Life