1. Current Price: $0.11473 (+13.61% increase in 24 hours).
2. EMA (Exponential Moving Average):
EMA(7): $0.12906
EMA(25): $0.13661
EMA(99): $0.12699
3. RSI (Relative Strength Index): 22.02 (indicates oversold conditions).
4. MACD (Moving Average Convergence Divergence): Negative value, suggesting bearish momentum.
5. 24h Range:
High: $0.17600
Low: $0.09392
Signal Analysis:
Oversold RSI: The RSI at 22 suggests the price might reverse upwards soon.
Bearish Momentum: The MACD shows continued bearish movement in the short term.
EMA Trend: The current price is below all EMA lines, confirming a downtrend.
Suggested Action:
For Buyers: Consider waiting for confirmation of a reversal (e.g., RSI moving above 30 or MACD turning positive).
For Sellers: If holding, be cautious; significant sell-off has occurred already, so waiting for a bounce could be beneficial.
Risk Level: High volatility; ensure stop-loss orders are in place.
Always DYOR before entering the trade