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BTR's recent trend is worth paying attention to. The current price is around 0.03181, down more than 4 percentage points from earlier levels. From a technical perspective, the bearish momentum is weakening, showing signs of potential reversal. The current downtrend cycle has already run for 80 K-lines.
The dynamic tracking line is set at 0.03172, which serves as an important resistance reference and also as a stop-loss line for aggressive traders.
Where is the key support level? Focus on 0.03155 and 0.03114. Looking upward, 0.03195, 0.03224, and 0.03271 are all potential resistance levels.
From an operational standpoint, the price is now closely following the downtrend line, but a clear bullish divergence has appeared on the MACD, which is a good sign. If you are an aggressive trader, you can wait until the price clearly stabilizes above 0.03195, then try a small long position, with an initial target around the 0.0327 area.
However, risks are also present. If the price cannot effectively break through the trendline resistance, the rebound may fail, and the market could continue downward. Watch the support at 0.0311. Currently, we are at a critical turning point, and price volatility may increase, so stay alert.