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【Buy and Sell Entry Points】
- Buy Entry Point 1: 2050 USDT (Price retraces to near the short-term EMA7 (2049.40), and 2050 is an important psychological support level, which may provide support here.)
- Buy Entry Point 2: 1950 USDT (Price further retraces to a stronger psychological support level at 1950, close to the previous wave's low area, and may resonate with the EMA120 on the daily chart.)
- Long Position Stop Loss: 1900 USDT (Breaking below the important support level at 1950 and the previous low area indicates that the bullish trend may have ended, and market structure is changing.)
- Sell Entry Point 1: 2100 USDT (Price rises above the recent high area (4-hour 2084.98, daily 2088), with 2100 being an important psychological resistance level, where selling pressure may occur. Although RSI is not overbought, momentum weakens, and combined with a long upper shadow, there is a short-term risk of a pullback.)
- Sell Entry Point 2: 2200 USDT (Price further rises to a stronger psychological resistance level at 2200, close to the previous wave high on the daily chart (2199.47), where stronger selling pressure may be encountered.)
- Short Position Stop Loss: 2250 USDT (Breaking above the important resistance level at 2200 and the previous high area indicates that the bearish trend has not been established, and the market may continue to break upward.)