#TradeStories #CHILLGUY update
quick technical overview of the CHILLGUY/USDT (15-minute timeframe) chart
Price & Indicators:
Current Price: 0.04753 USDT
24h High/Low: 0.05372 / 0.04553
EMAs:
EMA(20): 0.04802 (above current price, acting as resistance)
EMA(200): 0.04937 (stronger resistance)
RSI(80/20): 47.25 / 44.79 — Neutral, with slight bearish tilt.
Williams %R: -84.33 — Oversold zone, potential for a bounce.
MACD: Slightly negative (-0.00018) — momentum still bearish, but very weak.
Observations:
Price recently tried to recover but faced rejection below both the EMA20 and EMA200 — a bearish sign.
A potential short-term bottom might have formed near 0.04610.
To turn bullish in the short term, price must reclaim EMA20 (0.04802) and then test EMA200 (0.04937).
Conclusion:
Short-term trend: Bearish bias but possible oversold bounce.
Watch Levels: Resistance at 0.04802 and 0.04937; support at 0.04610.