【NOT】Clinton Daily Analysis June 6

24-hour trend [Sideways]

【Buy and sell points】

Buy point 1: 0.020 USDT (reason: close to the previous low, and there is support at the integer level)

Buy point 2: 0.019 USDT (reason: near EMA7, with strong support)

Long stop loss point: 0.018 USDT (reason: below buy point 2, to avoid further decline risk)

Sell point 1: 0.025 USDT (reason: close to the previous high, there is selling pressure)

Sell point 2: 0.026 USDT (reason: after breaking through the previous high, it may continue to rise, but be cautious)

Short stop loss point: 0.027 USDT (reason: above sell point 2, to prevent false breakthrough)

【Price trend analysis】

K-line pattern:

A large positive line appeared on June 2, 2024, and the price soared from 0.015867 to 0.02265, accompanied by huge volume. From June 4 to June 5, 2024, a high-level shock was formed, and the highest price failed to break through the previous high of 0.02666.

Technical indicators:

MACD: The current data is missing, but it can be inferred that it may be in a bullish trend in the near future.

RSI: RSI14 is at 76.692779, close to the overbought range, and it is necessary to be alert to the risk of callback.

EMA: EMA7 (0.019501) and EMA30 (0.018674) are both diverging upward, indicating that the short-term and medium-term trends are positive. EMA120 data is missing, but it can be inferred that the long-term trend is also optimistic.

Trading volume:

On June 2, 2024, the trading volume reached 1924106326, the recent maximum, showing strong market participation.

From June 3 to June 5, 2024, the trading volume gradually decreased, indicating that the market enthusiasm has cooled down.