Resistance: · Immediate Resistance: $0.03986 · Next Resistance: $0.04012 · Major Resistance: $0.04400
📈 TECHNICAL ANALYSIS Trading near 24h low ($0.03744) with strong support holding. RSI(6) at 31.75 approaching oversold territory, suggesting potential bounce. Price currently below SUPERTREND ($0.04661) but showing early reversal signs with bullish divergence on MACD. Previous rejection from $0.05477 suggests momentum building for another test of resistance levels.
Resistance: · Immediate Resistance: $0.03986 · Next Resistance: $0.04012 · Major Resistance: $0.04400
📈 TECHNICAL ANALYSIS Trading near 24h low ($0.03744) with strong support holding. RSI(6) at 31.75 approaching oversold territory, suggesting potential bounce. Price currently below SUPERTREND ($0.04661) but showing early reversal signs with bullish divergence on MACD. Previous rejection from $0.05477 suggests momentum building for another test of resistance levels.
Price is currently trading near $12.88, holding above immediate support at $12.56. The MACD histogram shows a bullish crossover at 0.052, suggesting weakening bearish momentum. Key resistance lies at the Supertrend level of $14.97, with the next major hurdle at $16.00. A break above these levels could trigger upside continuation toward recent highs.
Price is currently trading near $12.88, holding above immediate support at $12.56. The MACD histogram shows a bullish crossover at 0.052, suggesting weakening bearish momentum. Key resistance lies at the Supertrend level of $14.97, with the next major hurdle at $16.00. A break above these levels could trigger upside continuation toward recent highs.
Analysis: Price is trading right at the 24h Low ($2.034), showing a potential double bottom reaction off this key support level. The RSI(6) is deeply oversold at 13.68, indicating heavy selling pressure is exhausted and a bounce is likely. Despite the downtrend, price is attempting to hold above the recent low, with the SuperTrend indicator at $2.363 acting as the next major resistance. A relief bounce towards the $2.15 zone is highly probable as buyers step in to defend the yearly low.
Trading near 24h low ($13.100) with strong support at $14.200 zone. RSI(6) at 31.728 approaching oversold territory with potential bounce. MACD showing slowing bearish momentum (DIF: -1.351, DEA: -1.138). Price holding above key support with SUPERTREND(10,3) at $16.738 as resistance above.
Previous rejection from $19.913 suggests consolidation before next move. Volume declining with MA(5) at 1.66M vs MA(10) at 1.90M indicating selling pressure easing.