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✅ 4-hour frame trend analysis
● After retracing from the high of 5046, the price formed successive lower highs and lower lows.
● The main chassis has effectively broken through the 5000 and 4950 levels.
● Price is currently trading below MA10 and MA20, with the moving averages arranged in a bearish manner.
● The Bollinger Bands are expanding downward, and the price is moving near the lower boundary of the Bollinger Bands.
📌 Summary of four hours:
The trend has turned into a dominant downward structure, and the market is currently in the continuation stage of the downward trend.
✅ Trend analysis in one hour frame
● A strong bearish candle accompanied by increased trading volume pushed the price to a low of 4859 points.
● Then it rebounded slightly, but failed to break through 4950 points.
● The moving average divergence is bearish, and the rebound momentum appears weak.
● The 4930-4950 area is a short-term resistance zone.
📌 One hour summary:
The short-term rebound is weak, and the overall structure is still bearish.
🔴Resistance
● 4930-4950 (short-term resistance)
● 4980-5000 (strong resistance zone)
🟢Support
● 4860–4870 (current bottom area)
● 4800–4750 (next target area)
✅ Trading strategy reference
🔰 Sales Strategy (Main Trend: Sell on Rebound)
👉Entry: gradually build a position between 4930-4950
🎯First goal: 4860
🎯Second goal: 4800
📍Logic: Sell on rebound in downtrend structure.
🔰 Buying strategy (only for oversold rebounds)
👉Entry: Trading volume is light, around 4850
🎯Target: 4920–4950
📍Logic: A technical rebound after oversold trading is not suitable for long positions.
✅Risk Management
● If the price returns and stabilizes above 4950 → the downward momentum weakens.
● If the price breaks above the 4850 level → the decline may accelerate towards 4800.
● At this stage, the downward trend has been determined, and the rebound is a technical adjustment. Avoid large-scale buying for the purpose of bargain hunting.
