#MEME币狂欢

Short-term (intraday trading):

1. Mainly short on rallies:

Resistance level:

1.419-1.450 (MA5/MA10/MA30 overlap zone): If the price rebounds to this area and the MACD histogram contracts, a light short position can be taken with a target of 1.377 (Bollinger Band lower limit) and a stop loss at 1.460.

1.469 (Bollinger Band middle limit): If it breaks through MA5 and touches the middle limit, add to the short position with the same target as above.

If the price breaks below 1.377, it may accelerate the decline, with the target extending to 1.340-1.300 (previous low and psychological level).

2. Betting on a rebound after overselling:

Support level 1.377 (Bollinger Band lower limit): If the price quickly rebounds after first touching it and KDJ (not displayed) enters the oversold zone (J < 20), a light long position can be attempted with a target of 1.419 (MA5) and a stop loss at 1.367.

If the price breaks below 1.377 with volume, then abandon the rebound strategy and go short in the direction of the trend. $LAYER