$US just experienced a sharp decline. Looking at the 15-minute candlestick chart, the problem lies with the second candlestick—that "strong" bearish candle dropped straight down, with a decline of -3.84% and a volatility of up to 4.78%. This clearly indicates concentrated selling by major funds or panic selling.



However, there are several details worth noting:

The rebound after the plunge is very weak. Subsequent candlesticks have small bodies, and trading volume is shrinking. In other words, bullish confidence is lacking, and buying interest is thin. The price structure appears quite fragile, with single candlestick fluctuations reaching 5%, making it easy for large orders to push the price down.

Currently, the price is around 0.01031, in a narrow consolidation phase. The psychological level of 0.01 is very critical.

How to operate? If you want to go long, don’t rush. You must wait for clear signs of a bottoming out and volume-driven rebound—for example, a strong bullish candlestick with a body ratio exceeding 60%. Only then should you consider entering. If the price cannot hold above 0.0105, the short-term trend remains bearish. Aggressive investors can try short positions on rebounds near 0.0105, with a stop loss at 0.0108.

But the safest approach is to stay on the sidelines and let the market choose its direction.

Overall, this wave of $US was driven down by short-term selling pressure. It is now in a technical correction stage, but momentum is clearly lacking. Until a clear reversal signal appears, it’s better to watch more and act less, keeping risk exposure under control.
US-1.6%
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gas_fee_therapistvip
· 6h ago
They're dumping again, so annoying. Let's wait for a rebound signal before taking action.
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0xSoullessvip
· 6h ago
Here comes the same old trick of harvesting the little guys again; the main players really haven't thought about letting us go.
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MetaNomadvip
· 6h ago
Sold off again, the main force is really ruthless. Let's see if the 0.01 level can hold, it feels quite uncertain. Wait, is this rebound so weak? Where did all the buy orders go, why is it so thin? Still watch for now, don't act rashly, wait for clear signals before making a move. Entering now could easily get trapped. This pace is a bit fast, I feel there might be another bottom test. The shrinking trading volume is interesting, it indicates that no one dares to take the buy-in. If 0.0105 doesn't hold steady, I might try a light short position, just set a proper stop-loss. Forget it, better to stay on the sidelines; this market is hard to read.
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ETHmaxi_NoFiltervip
· 7h ago
Another dump, the bulls really have no more blood left. Let's wait and see. This rebound is too weak; when trading volume shrinks, be cautious. If we can't break the 0.01 level, the bears still have the advantage. Don't rush to buy the dip. With the main force selling so aggressively, there must be a story behind it. Wait to see if a strong bullish candlestick appears. Entering now means getting trapped. Watch more, act less. Really, don't be greedy with your positions.
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ForkMongervip
· 7h ago
lmao that second candle was basically governance collapse in candlestick form... thin rebounds? classic protocol inefficiency, honestly. lack of conviction always reveals the structural vulnerabilities nobody wants to talk about. watching this unfold is... *chef's kiss*
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