**Time Range**: 2025-12-11 12:00:00 ~ 2025-12-22 20:00:00
**Data Nature**: Real-time Candlesticks
## Candlestick Pattern Deep Analysis
1. **Early chart shows a strong bullish momentum reaching 1.693** - Rapid price appreciation with consecutive green candles - Strong signal
2. **Around December 14th, a bearish engulfing pattern formed near 1.588** - Previous uptrend reversal, strong selling pressure - Strong bearish signal
3. **December 18th shows a long red candle with significant price drop to 1.417** - Panic selling, market capitulation - Very strong bearish signal
4. **Following the bottom at 1.417, a hammer pattern formed** - Potential reversal signal after extreme selling - Moderate bullish signal
5. **Mid-chart shows multiple small-bodied candles with long wicks around 1.470-1.480** - Market indecision, consolidation phase - Neutral signal
6. **Recent price action shows a series of red candles with increasing length** - Renewed selling pressure, bearish continuation - Moderate bearish signal
7. **Latest candle shows a small green body at 1.471** - Potential short-term buying interest, but within overall downtrend - Weak bullish signal
## Support and Resistance Levels Judgment
**Resistance Levels**:
- Short-term: 1.500 (recent rejection point)
- Mid-term: 1.580 (previous consolidation area)
- Major: 1.690 (previous peak)
**Support Levels**:
- Immediate: 1.450 (recent bounce area)
- Strong: 1.420 (major bottom)
- Critical: 1.400 (psychological level)
## Comprehensive Technical Evaluation
**Volume Analysis**:
- Significant volume spike coincided with the major drop to 1.417, indicating capitulation
- Recent volume has been declining during the downtrend, suggesting weakening selling pressure
- Current volume is below average, indicating lack of conviction in the current price movement
**EMA Analysis**:
- EMA5 (1.466) is below EMA10 (1.467), showing short-term weakness
- EMA20 (1.473) is above both shorter EMAs, confirming the medium-term downtrend
- EMA99 (1.537) is significantly higher, indicating the longer-term trend remains bearish
**Overall Trend Direction**:
The primary trend remains bearish as evidenced by:
1. Higher highs and higher lows forming since the December 18th bottom
2. Price trading below all EMAs except EMA99
3. Recent price action showing renewed selling pressure
## Conclusion
TON-USDT is currently in a bearish trend following a significant drop to 1.417. The recent small green candle at 1.471 suggests potential short-term relief, but the overall structure remains bearish with price below most EMAs.
For traders considering positions, watch for:
- A break above 1.500 could signal short-term bullish momentum
- A break below 1.450 might trigger further selling
- Volume will be crucial to confirm any breakout or breakdown
Risk management is essential given the current market volatility. Consider setting stop-losses below 1.420 if entering long positions, or above 1.500 for short positions. The declining volume suggests caution is warranted as the market may need more convincing to move in either direction.
