CRITICAL COMPARISON: FROM $2.1774 TO $2.1061
MOVEMENT DATA:
· Highest reached: $2.1774
· Current price: $2.1061
· Drop from highs: -0.0713 (-3.28%)
· Correction time: Approximately 2-4 hours
MAIN CAUSES OF THE CORRECTION
1. EXTREME OVERBOUGHT (TECHNICAL)
· Previous stochastic: K=84.05 (severe overbought)
· Current stochastic: K=59.18 (better but still high)
· Analysis: The RSI/stochastic in zones >80 almost always generates corrections
2. MASSIVE PROFIT TAKING
· Volume 24h: 1.22B USDT (ENORMOUS)
· Interpretation: Holders/sellers took advantage of the 3.96% rise to take profits
· Take zone: $2.1500-$2.1700 was a critical profit-taking area
3. RESISTANCE AT $2.1774 (24H HIGH)
· Technical level: Day high acted as strong resistance
· Psychology: Traders sold at "highs" expecting correction
· Previous order book: Showed accumulation of sales at $2.1700+
4. EMA(99) AS DYNAMIC RESISTANCE
· EMA(99): $2.1180
· Situation: Price DID NOT HOLD above EMA(99)
· Outcome: False breakout → sales activated
5. CHANGE IN ORDER BOOK (KEY SIGNAL)
· Previous: 58.41% buys / 41.59% sells
· CURRENT: 47.33% buys / 52.67% sells
· Interpretation: COMPLETE inversion of sentiment
UPDATED TECHNICAL ANALYSIS
CURRENT MARKET STRUCTURE:
· Price: $2.1061
· EMA(7): $2.0963 → Price 0.47% UP (near support)
· EMA(25): $2.0809 → Price 1.21% up
· EMA(99): $2.1180 → Price 0.56% DOWN (resistance)
STRUCTURAL CONCLUSION:
The price has lost the EMA(99) after the false breakout. This is a BEARISH signal in the short term.
CURRENT ORDER BOOK - SELLER DOMINANCE
NEGATIVE DISTRIBUTION:
· Buys: 47.33% (decrease of 11%)
· Sales: 52.67% (increase of 11%)
· Spread: 0.0001 (liquidity intact)
KEY LEVELS ORDER BOOK:
· Strong support: $2.1033 (262K USDT) ⭐⭐⭐
· Secondary support: $2.1036 (110K USDT)
· Nearby resistance: $2.1061-2.1062 (immediate)
· Selling accumulation: $2.1070-2.1090 (dense)
CORRECTION ANALYSIS
DEPTH SCENARIOS:
1. SURFACE CORRECTION (40%):
· Support: EMA(7) at $2.0963
· Depth: -0.47% from current
· Rebound: Maintains minor bullish structure
2. MODERATE CORRECTION (45%):
· Support: EMA(25) at $2.0809
· Depth: -1.21% from current
· Healthy: Cools overbought, maintains trend
3. DEEP CORRECTION (15%):
· Support: $2.0398 (24h low)
· Depth: -3.28% from current
· Condition: If it loses both EMAs with volume
⚠️ CURRENT ALERT SIGNALS
NEGATIVE (IMMEDIATE):
1. Price below EMA(99) ($2.1180)
2. Order book with seller dominance (52.67%)
3. Bearish stochastic: J=56.74 (below K and D)
4. Clear selling volume in correction
POSITIVE (MEDIUM TERM):
1. Price still above EMAs 7 and 25
2. High volume = sustained interest
3. Healthy correction after strong rise
4. Well-defined technical supports
FULL MOVEMENT ANALYSIS
PHASE 1: BULLISH IMPULSE (3.96%)
· Catalyst: Technical break + institutional volume
· High: $2.1774
· Feature: Rapid overbought
PHASE 2: TECHNICAL CORRECTION (CURRENT)
· Cause: Profit-taking + overbought
· Current low: $2.1061
· Feature: Ordered, with volume
PHASE 3: NEXT MOVEMENT (TO BE DEFINED)
· Depends on: Supports holding
· Target: New test of EMA(99) or bearish continuation
UPDATED STRATEGY
FOR EXISTING LONG POSITIONS:
1. ⚠️ PROTECT with stop at $2.0950 (below EMA7)
2. Reduce exposure if it loses $2.0963 (EMA7)
3. Consider: Partial close if it rebounds to $2.1150-2.1200
4. Definitive stop loss: $2.0800 (below EMA25)
FOR NEW ENTRIES:
· WAIT for confirmation of support at:
1. $2.0963 (EMA7) - Conservative entry
2. $2.0809 (EMA25) - Optimal entry
· DO NOT BUY in free fall
· CONDITION: Rebound with volume from support
FOR SHORT TRADES:
· Entry zone: $2.1150-2.1180 (EMA99 as resistance)
· STOP: $2.1250
· TARGET 1: $2.0963 (EMA7)
· TARGET 2: $2.0809 (EMA25)
📌 CURRENT KEY LEVELS
CRITICAL SUPPORTS:
1. $2.0963 (EMA7) ⭐⭐ (MOST IMPORTANT NOW)
2. $2.1033 (Order book - 262K USDT) ⭐
3. $2.0809 (EMA25) ⭐⭐⭐
4. $2.0398 (24h Low) ⭐⭐⭐⭐
RESISTANCES:
1. $2.1180 (EMA99) ⭐⭐⭐
2. $2.1300 ⭐⭐
3. $2.1500 ⭐⭐
4. $2.1774 (24h High) ⭐⭐⭐
CONCLUSION: HEALTHY CORRECTION IN BULLISH CONTEXT
WHY DID THE MOVEMENT STOP?
1. TECHNICAL: Extreme overbought (Stochastic 84)
2. PSYCHOLOGICAL: Profit-taking at highs
3. STRUCTURAL: False breakout of EMA(99)
4. ORDER BOOK: Inversion of 58% buys to 53% sells
IS IT ALARMING?
NO, it is normal and healthy:
· 3.96% rises in hours almost always correct
· Volume remains high (1.22B)
· Technical supports remain intact (EMAs 7 and 25)
IMMEDIATE FORECAST:
1. Likely (60%): Correction to $2.0963 (EMA7), then rebound
2. Possible (30%): Deeper correction to $2.0809 (EMA25)
3. Less likely (10%): Bearish continuation <$2.0800
RECOMMENDED STRATEGY:
PATIENT. Wait for the correction to complete its cycle. The best entries usually come AFTER healthy corrections, not during them.
Key to observe: Behavior in
$2.0963 (EMA7). If it holds, bullish structure remains alive. If it loses, possible test of $2.0809.
