Current technical situation today for currency 15035359857

Current price: 0.00001244 USD

Daily change: -8.12% (strong decline)

Lowest price in 24 hours: 0.00001223

Highest price in 24 hours: 0.00001380

Trading volume: 226.88 million USD

General trend: Short-term downtrend (break of the descending channel support)

Technical indicators:

RSI (Relative Strength Index): Near oversold areas, which may indicate a potential temporary rebound.

MACD: Negative, confirming continued selling pressure.

Candles: Break of a support level at approximately 0.00001270, opening the door for further decline.

Support and resistance:

Near support: 0.00001200 then 0.00001160

Near resistance: 0.00001300 then 0.00001350

Buy to sell ratio:

Buy: 52.75%

Sell: 47.25%

(Reflects a relative positioning in the market despite the decline)

Summary: 🧐🧐✒️🧲🧲

The currency is experiencing clear selling pressure after breaking technical support.

There may be a short-term technical rebound, but the overall trend remains negative unless levels of 0.00001350 and above are regained.

It is preferable to wait and not enter until strong reversal signals appear or a return above resistance.