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Last price: 1.0723 USDT
Change over the day: -10.92%
Maximum in 24h: 1.3928 USDT
Minimum in 24h: 0.9800 USDT
Volume in 24h (WCT): 1.55 billion
Volume in 24h (USDT): 1.78 billion
📉 Moving averages (MA):
MA(7): 1.1248 — yellow line
MA(25): 0.9761 — pink line
MA(99): 0.6807 — purple line
📈 Chart:
There was a sharp rise, peaking at 1.3928, after which a decline began.
The price is currently below MA(7), which may indicate a short-term decline or correction.
🔍 General technical analysis
1. Current trend:
The price has temporarily decreased after reaching a maximum of 1.3928 USDT.
A correction is currently observed: the price fell to 1.0723 USDT.
The current decline was nearly -10.92% over 24 hours, indicating high volatility.
2. Moving averages (MA):
MAValueStatusMA(7) (short-term)1.1248Price below ⇒ downward pressureMA(25) (medium-term)0.9761Price above ⇒ trend may still be upwardMA(99) (long-term)0.6807Globally upward trend
📌 Summary on MA:
The price is below MA(7) → short-term bearish.
The price is above MA(25) and MA(99) → medium- and long-term bullish.
3. Volumes:
Trading volumes are high (over 1.78 billion USDT), but the last candle shows a decrease in volume. This may indicate a weakening of selling pressure or caution among buyers.
4. Candles and structure:
After a rapid rise, a pullback occurred — typical for coins that have gone through a 'pump'.
The chart shows the formation of a possible support zone around 1.00–1.05 USDT.
Upon a downward breakout — a test of 0.9761 (MA25) can be expected.
🧭 Conclusion and scenarios:
📈 Bullish scenario:
The price is held above MA(25).
If there is a reversal and it breaks MA(7) upward (above 1.12), a return to 1.30–1.39 is possible.
📉 Bearish scenario:
A breakout below 1.00 may lead to a drop into the 0.97–0.90 USDT zone.
💡 Recommendations:
Buy: only upon confirmation of an upward reversal with good volume (for example, a breakout above 1.13).
Sell / fix: if the price does not hold the level of 1.05.
Observation: it's better to wait for consolidation or a confirmed reversal signal.
