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🔥 Alarm! The current price of 0.04681 has fallen below the key trailing stop-loss line of 0.04686, life is at stake! 🚨
Since the upward trend started, this is the first time the closing price has fallen below this dynamic support line. Although MACD remains above the zero line, the fast and slow lines are extremely close, and the histogram is shrinking, indicating that upward momentum is severely weakening.
The price is squeezed into a very narrow range, with recent resistance at 0.04696 above and support at 0.04651 below. This is a classic moment of bullish and bearish showdown. Once the trend line is confirmed to be broken downward, the short-term structure may turn bearish. Stay alert!