First: price and trading volume
Current price: 0.1267 USDT, up +1.60%.
There has been an increase in trading volume recently, which is often a positive indicator of liquidity entering.
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Moving Averages (MA)
MA(5) = 41,436.7
MA(10) = 31,838.7
The short moving average MA(5) is above the longer moving average MA(10), indicating current upward momentum.
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Relative Strength Index RSI(6): 44.42
Below 50, but it is gradually rising, indicating an improvement in buying momentum, but it has not yet reached the strong buying area (>70).
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MACD
Values:
DIF = -0.0001
MACD = -0.0001
DEA = 0.0000
Values are still negative but very close to the positive crossover, indicating that the trend may start to reverse upward if momentum continues.
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Williams %R: -72.7
This value indicates that the market is in the oversold area, suggesting a potential upward rebound soon.
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Stochastic RSI:
K = 20.28
D = 21.09
J = 18.66
All are close to the oversold areas (<20), indicating a potential upcoming rebound.
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Final conclusion
The currency is currently in a transitional phase from a downtrend to a potential uptrend, and there are technical indicators suggesting:
✅ Liquidity entry
✅ Gradual improvement in momentum
✅ Approaching rebound areas (RSI, Williams %R, Stoch RSI)
But it has not been confirmed yet, so the best decision is:
🔸 Wait for confirmation of the upward movement through:
MACD crossover is positive
RSI breaks above level 50
Continued increase in volume
If these signals are confirmed, buying would be logical with a suitable stop-loss set below the last clear support.