1000SATS Market Technical Highlights — Will the Bullish Momentum Continue?

This recent rebound is quite interesting. 1000SATS/USDT rebounded directly from the demand zone between 0.00001640 and 0.00001700, and is now trading above 0.00001900. Trading volume has also increased, indicating active buying. As long as the price stays above this support level, the probability of continuing upward movement remains significant.

From a technical perspective, the short-term chart has already formed higher highs and higher lows, which is a typical bullish trend characteristic. Volume is also supporting this, generally confirming that the bulls still have strength. The key is whether it can hold this new support at 0.00001900.

For traders looking to go long, consider:

Entry zone: 0.00001880 – 0.00001920, which is relatively safe to enter

Stop-loss: set at 0.00001690; a break below indicates the bulls are losing momentum

Target in three stages:
• First target: 0.00002136
• Second target: 0.00002250
• Third target: 0.00002280

This risk-reward setup is quite favorable. As long as support holds, there is room for upward movement.

What’s next? The short-term structure remains bullish. If it can break through and hold above 0.00002250, it paves the way for higher levels. Conversely, if it falls below 0.00001690, this outlook needs to be reassessed, as the market could turn neutral or even bearish. We’ll have to see how the next few candlesticks perform.