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$1000RATS
Thrilling! Price has broken below the key upward trendline (0.04686)😱 Bulls' defense line breached!
Current price is 0.04681, hovering near the previous trend initiation point, just below the newly formed resistance. Although MACD remains above the zero line, the histogram has significantly narrowed, indicating waning momentum! The last 8 candlesticks show a "boiling frog" decline.
⚠️ Beware of trend reversal! Breaking below this trailing stop-loss line is the first sign of bulls' defeat. If it cannot be quickly reclaimed, this rally starting from 0.04631 may come to an end. The nearest dense support below is around 0.04651.