๐ Technical Analysis
Moving Averages:
4-Hour Chart: The 50-day moving average is trending upward, indicating short-term bullish momentum.
1-Day Chart: Both the 50-day and 200-day moving averages are sloping downward, suggesting a bearish trend in the longer term.
Relative Strength Index (RSI):
The RSI is currently within the neutral zone (30-70), indicating neither overbought nor oversold conditions.
MACD:
A bullish divergence is observed on the histogram, which could signal a potential price reversal.
