$BROCCOLI714 is back in the spotlight! 🥦 After a period of "unusual market activity" and wild swings, the technicals are shifting back to a bullish structure.
🟢 The Bull Case
Trend Reversal: EMA 7 and EMA 25 have crossed above the EMA 99, signaling a short-to-medium term uptrend.
Momentum: MACD histogram is positive and rising.
Targets: Community sentiment is shifting, with aggressive longs targeting $0.10.
🔴 The Risks (Volatility Warning)
Overbought: The 12-period RSI is at 70.78, nearing the danger zone for a pullback.
History: The recent "market maker" incident has left liquidity unstable—expect sudden volume spikes and drops.
Volatility: Rising ATR values mean price swings will remain violent.