The Dangerous Game Under the Main Force's Silence: $币安人生 A Trend Change Is Imminent, Which Side Are You On?
Binance Life has recently lacked new fundamental positives or event catalysts, making it difficult to attract sustained large capital purchases. Without new stories, the price naturally loses clear direction.
From the four-hour candlestick chart, the price is compressed within a narrow range. Key moving averages EMA7, EMA30, and the BBI bull-bear line are almost glued together, and the current price is entangled near them. This clearly shows that the market's short-term cost is highly concentrated, and the bullish and bearish forces are temporarily balanced in this area, leading to price fluctuations before a direction choice.
Recent fluctuations are a natural result of a state of "no main force, no hotspots." The price is oscillating in a densely packed short-term moving average zone, waiting for external forces to break the balance.
My current view on Binance Life: We are currently in a critical state before a trend change, and the short-term direction is about to be chosen.
Trend Status: Short-term is neutral oscillation, but slightly bearish. This is because the price is suppressed below the glued moving average group, and EMA30 is above EMA7, forming a slight suppression.
Upper Resistance: The first is the moving average glue area at 0.1195; breaking here can turn strong; strong resistance is at the upper edge of the range at 0.1238.
Lower Support: Recent clear low at 0.1162. This is the last line of defense for short-term bulls; once broken, the oscillation structure will be destroyed, opening up space for decline.
For holders: Wait and see. Before the price breaks above 0.1238 or falls below 0.1162, any action may increase loss costs.
Set alerts. Set 0.1160 as the warning line, and be highly vigilant when the price approaches it.
If it falls below 0.1160, you should decisively reduce your position or exit, as the space below will be opened after breaking the oscillation range.
If you don’t want to passively follow during the moment of trend change, don’t want to be repeatedly washed in false breakthroughs, then you need to see something deeper than candlesticks. Follow me; my system can capture the proactive actions of main funds. #美联储降息 #加密市场反弹
