$gorilla 1-hour chart of #Gorilla (GORILLA) cryptocurrency, here's a technical analysis:

✅Price Momentum:

The price has been trending downward over the past hour, with a significant drop from approximately $0.0049026 to $0.0042038, representing a 7.72% decline. This suggests a bearish momentum in the short term.

Indicators:♂️

1. Moving Averages (MA):🧲

✅ MA(7): $0.0042419 (below the current price)

✅ MA(25): $0.0043421 (below the current price)

✅ MA(99): $0.0046274 (above the current price)

✅The short-term MAs are below the current price, indicating a potential short-term uptrend. However, the long-term MA(99) is above the current price, suggesting a longer-term downtrend.

2. Relative Strength Index (RSI):📊

RSI(6): 40.2246699

The RSI is below 50, indicating a bearish trend. However, it's not oversold (below 30), suggesting that there might be some buying interest.

Signals:🚦

1. Candlestick Patterns:🧲

The chart shows a series of red candlesticks, indicating selling pressure. However, the recent candlesticks have shown some signs of consolidation, which could be a sign of a potential reversal.

2. Volume:🎶🎶

The volume has been decreasing over the past hour, which could indicate a lack of interest in buying or selling the cryptocurrency.

Conclusion:⚠️

Based on the technical analysis, the short-term trend for Gorilla (GORILLA) appears to be bearish, with a downward price momentum and a bearish RSI. However, the short-term MAs suggest a potential short-term uptrend, and the consolidation in the recent candlesticks could indicate a reversal. It's essential to consider other factors, such as market news and sentiment, before making any trading decisions.