FIL's recent market movement is quite interesting. The trading volume on the 30-minute K-line suddenly surged by 38.1%, and such anomalies are often signals of an upcoming trend.
Currently, the price is stuck at 1.489 USDT, with the support zone below between 1.447 and 1.474. Among them, 1.474 is a key support level (only 0.74% away from the current price). From the chart, the nearby support indeed presents a good entry point for long positions.
If you want to participate, you can place a buy order around 1.474, with a take-profit target set at the resistance level of 1.509. The sharp increase in trading volume usually indicates that a real battle between bulls and bears is about to unfold. The subsequent trend warrants continuous observation.
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whxing777
· 6h ago
Is this the 1st, 2nd, or 3rd time T M is claiming that a surge in trading volume is a signal of market initiation? Isn't it disgusting?
FIL's recent market movement is quite interesting. The trading volume on the 30-minute K-line suddenly surged by 38.1%, and such anomalies are often signals of an upcoming trend.
Currently, the price is stuck at 1.489 USDT, with the support zone below between 1.447 and 1.474. Among them, 1.474 is a key support level (only 0.74% away from the current price). From the chart, the nearby support indeed presents a good entry point for long positions.
If you want to participate, you can place a buy order around 1.474, with a take-profit target set at the resistance level of 1.509. The sharp increase in trading volume usually indicates that a real battle between bulls and bears is about to unfold. The subsequent trend warrants continuous observation.