#LANDUSDT 1D Overview

PRICE ACTION:

$LAND is currently priced at $1.3315, maintaining stability in recent periods.

The 1-day volume has experienced fluctuations, with values of 8,086, 26,957, and 30,640 in consecutive periods.

ATR is observed at 0.1596, indicating moderately low market volatility.

TECHNICALS:

• OBV shows an increase moving from 591.4K to 583.3K and then to 610.3K.

• RSI value is at 42.39 indicating a neutral sentiment.

• MFI has moved from 20.20 to 27.20 to 36.79 suggesting fluctuations in buying and selling pressure.

• CCI values is -98.02 reflecting a trend towards oversold conditions.

• WR% is at -72.74 showing oversold condition.

• ADX is at 27.45 indicating a developing trend.

MOMENTUM:

• Bearish momentum is observed in recent periods.

• The price is below SMA, indicating a bearish trend.

• ADI is at -DI > +DI, indicating a bearish trend.

• MACD shows a bearish trend.

• PSAR is bearish, suggesting a potential continuation of the downtrend.

S/R LEVELS:

Support: $1.288

Resistance: $1.341, $1.423, $1.481, $1.543, $1.608, $1.759

OVERALL CHART BIAS:

LANDUSDT is currently in a bearish trend, with technical indicators and momentum pointing towards a downward movement.

From my previous plot of its FRVP, it is still notable that the coin is bullish as it is trading above the VAH and EMA 200. It is just experiencing a normal correction.

Traders should be cautious and monitor key support and resistance levels for potential trend reversals. The bullish divergences in RSI, MFI, and FVE may indicate the potential for a trend reversal.

Ultimately, I am still very bullish with this as it could moon anytime given that it just has a market cap of $5.07M.