# Auntai Early Trading Technical Analysis

## 1-Hour Chart Analysis

Price touched a high of 2209.49 on March 13 at 22:00, followed by a long upper wick and consecutive bearish candles, forming a short-term downtrend.

- Recent K-lines (March 14 at 06:00) are oscillating in the 2088-2091 range, indicating downward momentum has slowed somewhat, but rebounds lack strength.

## Indicators

**MACD:** DIF and DEA form a death cross above the 0 axis and continue moving downward. The MACD histogram shows negative values with continuous expansion, indicating a strong short-term bearish trend.

- **RSI:** RSI has retreated from highs to 46.10, positioned below 50 in the weakness zone, but has not yet entered oversold territory. There is still downside potential in the short term.

**EMA:** EMA7 has crossed below EMA30 forming a death cross. Current price is positioned below both EMA7 and EMA30, showing short-term and medium-term trends are bearish. EMA7 and EMA30 constitute resistance above.

## Volume Analysis

On March 13 at 21:00, price pulled back from highs accompanied by massive volume, consistent with characteristics of pullback following a surge in volume.

- During the subsequent decline, trading volume continues to shrink, indicating short-term selling pressure has weakened somewhat, but buying power is insufficient to push price into a rebound.