Dahui Analysis $币安人生
From the 15-minute candlestick chart, the current technical signals lean more towards a bearish stance, with specific analysis as follows:
1. Moving Average System Shows Bearish Arrangement
The short-term 7-day moving average (yellow) < 25-day moving average (purple) < 99-day moving average (blue), and all three moving averages are trending downward, indicating that the short-term, medium-term, and long-term trends are weakening. Prices are also consistently operating below all moving averages, which is a typical signal of bearish pressure.
2. Price Trend Clearly Declining
The price has dropped from a high of 0.1090 to a low of 0.0941. Although there has been a slight rebound, the rebound strength is very weak, with the highs continuously decreasing and the lows being refreshed, forming a clear descending channel.
3. Trading Volume Accompanies Decline
During the price decline, there is an increase in trading volume, indicating that the bearish forces are actively selling, while the willingness of bulls to buy is insufficient.
4. Key Support Level Test
The current price of 0.0956 is near the recent low of 0.0941. If this support level is effectively broken, it is likely to trigger a new round of accelerated decline.
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