LEO consolidation continues, with 9.36 as the breakout level 📊
Public market snapshot for November 7: LEO/USDT on Bitfinex was quoted at 9.345, down 0.05% over 24 hours, with approximately 2,000 tokens traded. The price remains within the 9.207–9.360 range, so the market is tentatively considered range-bound. Market source (https://coinalyze.net/unus-sed-leo/price-live/)
The latest available daily RSI is around 62, and the MACD histogram is slightly positive, indicating somewhat bullish momentum. However, data on OI and its rate of change, funding rates, and aggressive buying and selling are insufficient, so a breakout driven by capital flows cannot yet be confirmed. Indicator source (https://www.coinlore.com/coin/unus-sed-leo/forecast/price-prediction)
Over the next 4–24 hours, range-bound trading is more likely. Support is at 9.21, with 9.18 in focus if that level breaks. Resistance is at 9.36; if the price holds above it on increased volume, it may test 9.49. A decisive breakout above or breakdown below the range would invalidate the range-bound outlook.
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