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Moving Averages:The 200-period SMA is currently at $11.46, and the price is trading just above this level. This suggests a potential bullish bias as long as the price holds above the 200-SMA, which is acting as a dynamic support.

RSI:The RSI is at 57.66, reflecting a neutral-to-slightly-bullish sentiment. The RSI is in the middle of the range, indicating that there is no overbought or oversold condition currently, leaving room for either upward or downward movement.

MACD:The MACD line is at 0.00, while the signal line is at -0.02, with a histogram reading of -0.03. This shows slight bearish divergence, signaling a potential short-term weakness. However, since the divergence is minimal, further confirmation is needed for any significant move.

Support/Resistance Levels:Support: Immediate support lies at $11.46 (200-SMA), a critical level that needs to hold to maintain bullish momentum. If this support breaks, the next support would be around the $10.00 level.

Resistance: Immediate resistance is at $12.00, a psychological and historical level. A break above this level could lead to a further rally toward $13.00.

Bullish Scenario:A continuation of the price action above the $11.46 support, coupled with a break of $12.00, could lead to a test of higher levels around $13.00. The RSI's neutral stance offers room for more buying momentum to push the price higher.

Bearish Scenario:A breakdown below $11.46 could lead to a retest of lower support levels around $10.50 or potentially $10.00. The MACD's slight bearish divergence hints at the possibility of short-term downward movement unless bullish momentum reasserts itself.

Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Cryptocurrency trading involves risk, and you should conduct your own research or consult with a licensed financial advisor before making any trading decisions.