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MSN

1-hour price trend of MSN: Downward.

This is a 1-hour Gate MSN/USDT K-line chart, with the latest price at: 2.6101 USDT, including EMA, MACD, KDJ, and trading volume indicators.

【Buy/Sell Points】

• Buy Point 1: 2.70 USDT (The current price has fallen below the 7-period EMA. If there are signs of a rebound and the KDJ indicator shows a golden cross, consider entering with a small position)

• Buy Point 2: 2.60 USDT (Close to the recent low of the K-line. If the market continues to seek support and forms a bottom at this level, it can be considered a more conservative buy point)

• Long position stop-loss point: 2.55 USDT (Leave enough space to avoid triggering stop-loss due to small fluctuations, while also being below the lowest price within the past hour to reduce the risk of being misled by invalid breakouts)

• Sell Point 1: 2.80 USDT (If the price rises to near the 7-period EMA, it may encounter resistance, suitable as an initial profit-taking point)

• Sell Point 2: 2.90 USDT (Close to the previous hourly high. If the price continues to rise, this level may be a larger resistance area, suitable for further profit-taking)

• Short position stop-loss point: 3.00 USDT (Exceeding Sell Point 2 and leaving a certain amount of space to reduce the risk of losses due to rapid price reversals)

【Price Trend Analysis】

1. K-line pattern:

   • From the long upper shadow and large price fluctuations at 14:00, it can be seen that there was intense competition in the market during that time period, but the closing price was close to the opening price, indicating equal strength between buyers and sellers.
   • The latest K-line (17:00) shows a relatively small body and a long lower shadow, indicating downward pressure, but with buyer intervention at the close, the price rebounded.

2. Technical indicators:

   • The DIF value in the MACD indicator is negative and shrinking, suggesting that the downward trend may weaken, but it still needs to be observed whether there will be a positive crossover.
   • The K value in the KDJ indicator is below 20, in oversold territory. If the K value starts to cross above the D value, it may signal a rebound.
   • The EMA indicator shows that the current price has fallen below the 7-period EMA, which is usually a sign of a short-term downtrend.

3. Trading volume:

   • During the 14:00 period of significant price fluctuations, the trading volume increased significantly, indicating significant trading interest at this price level.
   • The trading volume gradually decreased in the following periods, indicating increased uncertainty among market participants, waiting for clearer directional signals.

ETHFI

1-hour price trend of ETHFI: Downward.

This is a 1-hour Binance ETHFI/USDT K-line chart, with the latest price at: 4.098 USDT, including EMA, MACD, KDJ, and trading volume indicators.

【Buy/Sell Points】

• Buy Point 1: 4.100 USDT (Considering that the current price is close to the daily low, if there is a rebound in the market, this level may be a short-term support level)

• Buy Point 2: 3.950 USDT (If the price continues to decline, the previous low point may form stronger psychological and technical support, suitable as a lower-risk buy point)

• Long position stop-loss point: 3.900 USDT (Leave enough space to avoid triggering stop-loss due to small fluctuations, while considering that there may be further selling pressure below 3.950 USDT leading to rapid decline)

• Sell Point 1: 4.200 USDT (If the price rises to this level, it will face resistance from the 7-day EMA line, suitable as an initial profit-taking position)

• Sell Point 2: 4.300 USDT (If the price breaks through 4.200 USDT and continues to rise, the area near the 30-day EMA line may be the next potential selling area)

• Short position stop-loss point: 4.350 USDT (Exceeding this price may indicate a change in market sentiment, reducing the risk of short positions)

【Price Trend Analysis】

1. K-line pattern:

   • Recent K-lines show intensified price fluctuations, especially after a significant rise from 21:00 on April 29 to 23:00 on April 29, followed by a fall, forming a long upper shadow, indicating selling pressure at high levels.
   • In the past few hours, the price has been trending downward, with the closing price gradually approaching the low point, such as the opening price of 4.050 and closing price of 4.098 within the 17:00 period on April 30, implying weak buying pressure in the short term.

2. Technical indicators:

   • The DIF in the MACD indicator continues to be in the negative zone, and the MACD histogram is also negative, indicating a bearish market trend. Although the DEA line is still above the 0 axis, it has shown signs of turning downward. If the DIF falls below the DEA, it will form a dead cross signal, further confirming the downward trend.
   • The J value in the KDJ indicator has declined in the past few periods, and both the K line and D line are below the 20 level, indicating the market may be oversold and may experience a short-term rebound, but it needs to be observed whether it will be sustained.
   • The EMA indicator shows the 7-day EMA continues to decline and has crossed below the 30-day EMA, forming a dead cross, indicating a bearish trend in the short term.

3. Trading volume:

   • The trading volume reached its peak at 21:00 on April 29 and then gradually decreased, accompanied by a price decline, indicating a weakening of the upward momentum and support for the downward trend.
   • The trading volume has been stable in the recent few hours but without a significant increase, lacking effective signals for price reversal.

MERL

1-hour price trend of MERL: Downward.

This is a 1-hour Gate MERL/USDT K-line chart, with the latest price at: 0.571 USDT, including EMA, MACD, KDJ, and trading volume indicators.

【Buy/Sell Points】

• Buy Point 1: 0.580 USDT (If the price rebounds near EMA(7), it may encounter short-term resistance turning into support)

• Buy Point 2: 0.555 USDT (Close to the recent low, there may be technical support)

• Long position stop-loss point: 0.545 USDT (Slightly below Buy Point 2, providing enough space to avoid triggering stop-loss due to small fluctuations)

• Sell Point 1: 0.600 USDT (Near the previous high-volume area, may form a resistance level)

• Sell Point 2: 0.620 USDT (Position of EMA(30), the mid-term trend line may act as a strong resistance)

• Short position stop-loss point: 0.630 USDT (Exceeding Sell Point 2, considering additional space above EMA(30))

【Price Trend Analysis】

1. K-line pattern:

   • Recent K-lines show significant price fluctuations, with a long upper shadow at 20:00 on April 29, indicating heavy selling pressure at high levels. The price subsequently fell.
   • The K-line at 17:00 on April 30 has a short body with a lower shadow, suggesting the presence of some buying support.

2. Technical indicators:

   • MACD indicator: The latest MACD value is negative (-0.010), and the DIF is below the DEA, indicating a possible continued bearish trend in the short term.
   • KDJ indicator: The J value is at 9.74, in oversold territory, but K and D are still trending downward. It needs to be observed whether there will be a rebound signal.
   • EMA indicator: The closing price is below EMA(7) and EMA(30), which is generally considered a bearish trend in the short and mid-term.

3. Trading volume:

   • The trading volume peaked at 13:00 on April 29 and gradually decreased, consistent with the price decline, indicating a decrease in participants in the downward trend.
   • The trading volume has been stable in the recent few hours, without significant increase, lacking clear directional support from trading volume.

※All content is provided by the intelligent analysis assistant Little A, and is for reference only, and does not constitute any investment advice!

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