$1000SATS Quick analysis of Satoshi on the weekly timeframe (1W) from the attached chart:
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🔍 Technical notes
1. Current price: 0.00003883
Consolidating above the bottom of 0.000031xx (strong support area currently).
2. Bollinger Bands (BOLL):
The price is almost at the lower limit (0.00003183).
Clear pressure = readiness for a price explosion (either up or down).
3. RSI (6): 43
Close to being oversold but not completely.
Meaning: The drop no longer has strong momentum.
4. MACD:
The difference between DIF and DEA has started to shrink.
If a cross occurs upwards in the coming days → signal for gradual upward entry.
5. Volume:
Weak trading volumes in the recent period.
The last two candles indicate "accumulation".
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📌 Scenarios
Positive scenario:
If it maintains support at 0.000031–0.000038, there is a high probability we will see an initial rebound to the area of 0.000057–0.00009 (previous resistances).
Negative scenario:
Breaking below 0.000031 = deeper drop that could reach 0.000018.
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🧭 Summary
The chart shows that Satoshi is in a strong squeeze phase after a long decline.
This often precedes a massive movement, the direction depends on a breakout or breakdown.
As long as the RSI is low and volume is weak, the likelihood of an upward movement increases with the first liquidity injection during Altseason.
Only 3 months separate us from 0.00😉😉😉
