#broccoli Here is an updated technical analysis of the $BROCCOLI714 coin (also known as "Dog CZ") based on Binance Square data until May 16, 2025:
---
💹 Current price and technical indicators
Current price: around $0.03367
Market cap: around $32.79 million
Daily trading volume: around $59.94 million
Lowest price in 24 hours: **$0.03215**
Highest price in 24 hours: **$0.04010**
All-time high: **$0.2851**
Relative Strength Index (RSI): within the neutral range (30–70), indicating a balance between buying and selling forces.
---
📈 Technical analysis
Moving averages:
MA50: trending downwards, which may indicate selling pressure in the short term
MA200: trending upwards, indicating a long-term bullish trend
Support and resistance levels:
Key support: **$0.03350**
Key resistance: **$0.03650**
Potential entry area: between $0.03450 – $0.03500
Profit targets:
First target: $0.03650
Second target: $0.03800
Stop loss: **$0.03300**
---
🔍 Future forecasts
Forecasts indicate that the price of $BROCCOLI714 may reach $0.03436 by the end of this week, with a potential increase of 5% in the short term.
---
⚠️ Important notes
The currency shows high volatility, making it more suitable for short-term speculators than long-term investors.
It is essential to monitor the aforementioned support and resistance levels, as breaking any of them may indicate a change in trend.
It is always advisable to conduct independent research and manage risks appropriately before making any investment decisions.
---
For more information and updates, you can visit the $BROCCOLI714 page on Binance Square: Binance Square - #broccoli714