3.18 Morning Analysis

From the 1-hour level, the coin price encountered resistance at the 74759 line and pulled back. A long bearish candle at the high directly broke through the MA7 support, and bullish momentum has clearly slowed down. Currently, MA7 and MA30 are about to form a death cross downward, with clear signs of weakening short-term trends. The 74400-74500 zone has become the new resistance level.

At the same time, the Bollinger Band channel is starting to narrow, with prices trending back toward the midline, as bearish momentum gradually takes the initiative. Below, we first focus on the support at 74200. If it breaks effectively, it may further explore around 73553. Overall, the short-term pattern is bearish. Operationally, consider shorting at rebounds facing resistance as the main strategy, paying attention to tests of the resistance zone above.

Operation Suggestions
Short at rebounds near 74700-75200, targets down to 73500-72800, if broken continue down to 72000.
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