TH's current price shows a clear 1-hour downtrend, with the price continuously trading below the short-term moving averages and the middle band of the Bollinger Bands. Rebounds are repeatedly met with resistance and fall back. The MACD indicator is in a bearish alignment, with the green bars continuously expanding, indicating increasing downward momentum. The volume during the decline is higher than during the rebound. Weak rebounds suggest caution for trend continuation risk. Recommendation: Short in the 3390~3340 range, targets: 3290, 3240, 3190#中文Meme币热潮
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GateUser-d3d18387
· 4h ago
New Year, charge ahead! Let the coins take off to the moon. Keep going, keep going!
$ETH 1.15 Morning Analysis
TH's current price shows a clear 1-hour downtrend, with the price continuously trading below the short-term moving averages and the middle band of the Bollinger Bands. Rebounds are repeatedly met with resistance and fall back. The MACD indicator is in a bearish alignment, with the green bars continuously expanding, indicating increasing downward momentum. The volume during the decline is higher than during the rebound. Weak rebounds suggest caution for trend continuation risk.
Recommendation: Short in the 3390~3340 range, targets: 3290, 3240, 3190#中文Meme币热潮