📈 Follow $AIOT short-term dynamics!
Based on the analysis of the last 10 15-minute candlesticks, the current price is 0.1182 USDT, and the market shows a 【low volatility】 oscillation pattern. The average volatility is only 0.69%, with long and short forces in a stalemate, showing no obvious one-sided trend.
🧐 Key data insights:
1️⃣ Overall momentum is weak: Among the last 10 candlesticks, 7 are bearish, but the average price change is only -0.07%, indicating limited downward momentum.
2️⃣ Uneven trading volume: During this period, there was one medium bullish candlestick (candlestick 3), but it failed to form a sustained rise, followed by a shrinkage in trading volume, with a strong market wait-and-see sentiment.
3️⃣ Narrow range consolidation: The price continues to operate in a very narrow range around 0.12 USDT, with a maximum volatility of only 1.09%, a typical horizontal accumulation pattern.
⚡ Short-term operation strategy:
The current market is in a low volatility convergence state, **it is not recommended to open a position immediately**!🚫
One should wait for the price to break through the current oscillation range (recent highs around 0.122 as resistance, lows around 0.117 as support), accompanied by an increase in trading volume, and then trade accordingly.
👀 It is advisable to wait patiently and observe, waiting for the market to choose a direction. If there is a volume breakout above resistance, consider a light position to go long; if it breaks below support and confirms, then consider a short position. Entering at the current price level may easily lead to repeated losses.
#AIOT #cryptocurrency
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