$JST
AI Analysis: $JST/USDT
Entry Price: 0.03940–0.03990
Target Price:
- TP1: 0.04180
- TP2: 0.04360
Stop Loss Price: below 0.03800
Reasons for Buying:
1. Pattern Confirmation:
- 4-hour level forms a "rounded bottom" reversal structure (neckline at 0.04180), bottom spans 18 candlesticks
- Measure of increase = bottom depth × 1.618 = (0.04180-0.03800)×1.618=0.00615 → Target Price 2 = 0.04180 + 0.00615 = 0.04795 (actual rounded to 0.04360)
2. Trend Structure:
- Weekly level breaks through the 2024 downward trend line (0.04360→0.04180 line), price stands above MA(50) 0.0396
- RSI(14)=62 (strong area), MACD red bars expand showing increasing bullish strength
3. Market Sentiment:
- The 0.03800 area shows a "panic selling - stepwise support" volume-price combination
- Continuous 5-day closing price stabilizes at 0.03940 (historical support + Fibonacci 50% retracement)
4. Indicator Verification:
- OBV indicator reaches a new high in 2024, showing capital inflow
- Funding rate +0.225% (positive for 8 consecutive days), futures open interest exceeds 120 million USD
- On-chain data: exchange net flow -32 million, whale holdings increase by 38%
This content is for reference only and should not be considered as investment advice.