Member indicators show that the current price of 3930 USDT is approaching the key chip support zone of 3867-3878 USDT, with a high trading volume of 5.89% in this area, and there is fierce competition between long and short positions. In conjunction with the bottom pattern of the 2-hour cycle K-line, RSI has broken through the 50 median line and is moving upwards, indicating strong support below.
However, recently the trading volume has shrunk to 22.35% of the average level, and the market has a strong wait-and-see sentiment. Although EMA24 has crossed EMA52 to form a golden cross, we need to be alert to the risk of a pullback caused by the top classification. Suggest paying attention to the strong support performance of 3872.5 USDT.
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The data is sourced from the PRO member's [ETH/USDT Binance USDT perpetual 2-hour] candlestick, for reference only, and does not constitute any investment advice.