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PEPE

PEPE's 1-hour price trend: Sideways.

This is a 1-hour HTX PEPE/USDT K-line chart, with the latest price at: 0.000007865273 USDT, including EMA, MACD, KDJ, and volume indicators.

【Buy/Sell Points】

• Buy point one: 0.000007800 USDT (considering that EMA(7) is slightly higher than the latest closing price, it can be a potential buying point near the short-term support level)

• Buy point two: 0.000007650 USDT (this price is close to the low point area of multiple hours of K-line, which may be a stronger support level and suitable as a more conservative buying point)

• Long stop-loss point: 0.000007600 USDT (set below buy point two to provide enough space to avoid triggering stop-loss due to small fluctuations)

• Sell point one: 0.000008000 USDT (slightly higher than the highest price within the current period, if it can break through, it may further rise, and can be used as an initial selling point)

• Sell point two: 0.000008200 USDT (set based on the highest price in the previous few hours, if the market has a sustained upward trend, this level may encounter resistance)

• Short stop-loss point: 0.000008250 USDT (set above sell point two to counter the risk of the market reversing upwards after shorting)

【Price Trend Analysis】

1. K-line pattern:

   • Recent K-line shows large price fluctuations, with multiple long upper and lower shadow K-lines, indicating intense competition between buyers and sellers at these price levels.
   • A small-bodied K-line appeared in the latest period, with the closing price close to the opening price, possibly a doji, implying that the current market decision is not clear.

2. Technical indicators:

   • In the MACD indicator, the DIF is lower than the DEA, and the MACD value is negative, indicating that the bearish trend still exists in the short term.
   • In the KDJ indicator, the J value is far away from the K and D values. When the J value is extremely high or low, it may indicate an imminent reversal; currently, both K and D are below 50, but the J value has fallen to 21.54, possibly showing signs of a rebound after oversold conditions.
   • In the EMA indicator, EMA(7) is slightly higher than the latest closing price, while EMA(30) is lower, indicating a divergence between short-term and medium-term trends, and attention is needed to see if there will be further changes.

3. Volume:

   • The volume has increased in the past few hours, especially when the price fluctuates significantly, which may indicate actual buying and selling forces supporting the price fluctuations.
   • If the future volume continues to increase and is accompanied by a price rise, it may confirm an upward trend; conversely, if the volume increases when the price falls, it may confirm a downward trend.

OP

OP's 1-hour price trend: Up.

This is a 1-hour Binance OP/USDT K-line chart, with the latest price at: 2.5544 USDT, including EMA, MACD, KDJ, and volume indicators.

【Buy/Sell Points】

• Buy point one: 2.5200 USDT (considering that the gap between EMA(7) and EMA(30) is narrowing, and there is support near this level)

• Buy point two: 2.4900 USDT (if the price retraces to this area, close to the low point of 07:00 on April 24th, there may be strong buying interest)

• Long stop-loss point: 2.4600 USDT (leave enough space to avoid triggering stop-loss due to market fluctuations, while being below the recent lowest price)

• Sell point one: 2.5700 USDT (the current price is already in an upward channel, this is near the recent resistance level, and can be used as an initial profit-taking point)

• Sell point two: 2.5900 USDT (close to the highest price of 2.5970 USDT, if the price can break through and sustain, further profit-taking can be considered at this level)

• Short stop-loss point: 2.6000 USDT (exceeding the highest price in the recent period, providing a safe cushion for short positions)

【Price Trend Analysis】

1. K-line pattern:

   • Recent K-line shows large price fluctuations, with multiple long upper and lower shadow K-lines, indicating intense competition between buyers and sellers at these price levels. Especially from 19:00 on April 22nd to 01:00 on April 23rd, there were consecutive long upper shadow lines, suggesting selling pressure every time the price rose.
   • From 21:00 on April 23rd to 07:00 on April 24th, after experiencing a decline, the price began to gradually rise, forming a K-line combination similar to a "hammer" shape, possibly indicating a trend reversal.

2. Technical indicators:

   • The MACD indicator has shown enlarging green bars since 21:00 on April 22nd, then both DIF and DEA values trended downward until around 20:00 on April 23rd, when the MACD value started to decrease and eventually turned positive around 06:00 on April 24th, indicating that the market may be undergoing a bottom reversal process.
   • In the KDJ indicator, the J value reached a high point earlier on April 23rd and then fell slightly, but the K line and D line still maintained an upward trend. In the data at 17:00 on April 24th, the K value (73.22) was slightly lower than the D value (74.72), without a clear golden cross or death cross signal, overall indicating that the market momentum has not been fully released.
   • The EMA indicator shows that the 7-period EMA has always been above the 30-period EMA, and the gap between the two is continuously narrowing, indicating relatively strong short-term price trends, but the long-term trend still needs further confirmation.

3. Volume:

   • During the price decline, such as from 14:00 to 21:00 on April 23rd, the volume increased, which may indicate more selling during the decline.
   • Subsequently, during the price recovery phase, the volume gradually decreased, indicating that although the price has recovered, market participation has not significantly increased, and caution is needed regarding the sustainability of the rebound strength.

merl

merl's 1-hour price trend: Up.

This is a 1-hour Hotcoin Global merl/USDT K-line chart, with the latest price at: 0.8701 USDT, including EMA, MACD, KDJ, and volume indicators.

Buy/Sell Points

• Buy point one: 0.8701 USDT (near the current price, MACD indicator shows upward momentum, KDJ is neutral, and the narrowing gap of EMA suggests a possible trend change)

• Buy point two: 0.8153 USDT (near the lowest price, if the price retraces to this level, the long lower shadow indicates strong buying support)

• Long stop-loss point: 0.8000 USDT (slightly below buy point two, providing space to avoid triggering stop-loss due to small fluctuations, while considering psychological support and the integer level)

• Sell point one: 0.8900 USDT (near the higher closing price in the recent few periods, can be used as an initial resistance area)

• Sell point two: 0.9300 USDT (close to the high point at 11:00 on April 23rd, if it breaks through, further bullishness may be expected)

• Short stop-loss point: 0.9500 USDT (above sell point two, providing sufficient space for short positions, and is an area where the price has not been able to sustain recently)

Price Trend Analysis

1. K-line pattern:

   • Recent K-line shows significant price fluctuations, such as the long upper shadow line at 14:00 on April 24th indicating strong selling pressure, and the consecutive high-level long solid bearish candles from 19:00 on April 23rd to 18:00 on April 22nd, suggesting a possible downward trend.
   • There were long lower shadow lines from 00:00 on April 23rd to 23:00 on April 22nd, which may be a sign of buyer intervention.

2. Technical indicators:

   • In the MACD indicator, both DIF and DEA are below the zero axis, and DIF is above DEA in the latest data, and the MACD histogram has turned from negative to positive, suggesting some recent upward momentum.
   • In the KDJ indicator, the J value is near 60, and the K and D values are relatively stable, without extreme overbought or oversold conditions, but overall leaning towards neutrality.
   • The EMA indicator shows that the 7-period EMA is below the 30-period EMA, indicating that the market is still under pressure in the short term, but the gap between the two is narrowing, possibly indicating a change in future trends.

3. Volume:

   • The volume peaked at 16:00 on April 24th and gradually decreased, which may indicate a weakening of the upward momentum.
   • The volume did not significantly increase during the price decline, which may indicate a less strong downward trend.

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