帖子
$OPG
Potential buying point (Support area)
• Buy zone 1 (Short-term support): Around 0.2765 - 0.2800. This is the confluence area of MA60 and MA120. If a pull-up candle or a reversal candle appears here, this may be the buy point for the technical pullback.
• Buy zone 2 (Hard support): Area 0.2650 - 0.2660 (the closest old bottom on the chart). This is a safer buying zone if the price breaks through the above MA lines.
Potential selling point (Resistance zone)
• Selling point 1 (Near resistance): Around 0.3000 - 0.3100. This is the area where the short-term MA lines are starting to cut down. When the price recovers here, it often acts as a psychological and technical resistance.
• Selling point 2 (Old peak): Area 0.3390 - 0.3444. This is the profit-taking target if the price regains its growth momentum and breaks through the moving averages.
Reference strategy
• Stop Loss (Stop Loss): If a buy order is executed at the support area, the stop loss point should be set below 0.2650 about 2-3%.
• Note: Currently, the 4h candle is a long bearish candle, the selling pressure is still quite large. You should wait for the current candle to close or appear reversal candle signals (such as Pinbar or Engulfing) at the support area before deciding to enter the order.
Note: This is a technical analysis based on image data, not financial advice. You should carefully consider the risks before trading.