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Rupesh Kumar Yadav
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Can you guide ! bullish or bearish 📉📈
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$USDC #USDC 4-hour chart momentum for USDC/USDT appears to be slightly bearish, as indicated by the recent downward movement in the price. The Relative Strength Index (RSI) is at 54.7832, which is near the neutral zone but leaning towards the oversold region. However, it's essential to consider other technical indicators and market conditions before making any trading decisions. In the short term, the price has been fluctuating between $0.9994 and $0.9998, with a current price of $0.9997. The moving averages (MA) are also showing a slight downward trend, with MA(7) at $0.9996, MA(25) at $0.9996, and MA(99) at $0.9995. To get a better understanding of the market sentiment, it's crucial to analyze the chart over a more extended period and consider other factors such as news, events, and market trends. Additionally, traders should always use proper risk management techniques and set stop-loss orders to limit potential losses.
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$USUAL #USUALUSDT The momentum of USUAL/USDT is bearish, as indicated by the downward trend in the chart and the negative percentage change (-12.88%) in the price. The Relative Strength Index (RSI) value of 11.6094 also suggests that the momentum is oversold, which could potentially lead to a reversal. However, it's essential to consider other technical and fundamental analysis indicators before making any investment decisions.
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