⚠️⚠️⚠️ 𝗔𝗹𝗹 𝗦𝗶𝗴𝗻𝘀 𝗥𝗲𝗱, 𝗕𝘂𝘁 𝗜’𝗺 𝗕𝗲𝘁𝘁𝗶𝗻𝗴 𝗚𝗿𝗲𝗲𝗻 𝗼𝗻 $𝗤𝗡𝗧... 𝗣𝗹𝗲𝗮𝘀𝗲 𝗗𝗬𝗢𝗥 𝗙𝗼𝗿 𝗧𝗿𝗮𝗱𝗲🔴🔴
⏩⏩Current Price 85.6$⏪⏪
1. Momentum Indicators:
RSI (44) and MFI (45) are both below 50, indicating neutral-to-bearish momentum.
CCI (-56) and Williams %R (-57) suggest mild bearish pressure but not oversold.
Stochastic K (61) shows slight recovery, but not strong enough for a reversal signal.
2. Moving Averages:
EMA & SMA: Mixed signals. Short-term MAs (25 & 50) are bearish, while long-term (100 & 200) are bullish.
This suggests short-term weakness in a longer-term uptrend, indicating possible consolidation or a pullback.
3. Trend & Volatility Indicators:
ADX (31.63): Indicates a trend is present.
-DI > +DI: Bearish trend strength.
MACD Bearish Crossover: Confirms downside pressure is active.
Parabolic SAR Bullish: A contradiction suggesting recent bounce or volatility.
Conclusion:
The overall trend is currently bearish in the short term, with indicators pointing to ongoing selling pressure.
However, longer-term trend remains intact, and if price holds above key supports, this could become a buying opportunity.
Watch for confirmation via MACD, RSI above 50, or Parabolic SAR flip for potential reversal.
