๐ Price Overview
Current Price: $133.70
24h Low: $126.00
24h High: $135.01
Trend: Recently bounced from $126 support area.
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๐ฏ๏ธ Candlestick Pattern
After several strong red candles (downtrend), a small green candle has formed โ indicating a possible short-term bounce or relief rally.
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๐ Technical Indicators
1. Bollinger Bands
Middle Band (MB): 148.31
Lower Band (DN): 131.26
Price is near the lower Bollinger Band, suggesting it's oversold in the short term โ a potential bounce area.
2. Moving Averages
MA(5): 2,746,278.548 (volume)
MA(10): 2,801,314.173 (volume)
No major price MA shown here, but volume MAs indicate volume is still healthy and not collapsing.
3. MACD
DIF: -6.43
DEA: -4.61
MACD Histogram: -1.82
โก๏ธ MACD is bearish โ indicating downtrend pressure still exists, but histogram bars are shrinking, which might mean selling momentum is weakening.
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๐ Summary
Indicator Signal
Price Action Slight bounce after downtrend
Bollinger Bands Near lower band โ oversold zone
MACD Bearish but may be weakening
Volume Decent activity
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๐ Should You Buy or Wait?
โ Buy if:
You're looking for a short-term bounce from oversold levels.
You set a tight stop-loss (e.g., below $126).
โ ๏ธ Wait if:
You want confirmation of trend reversal.
Price breaks below $126 โ indicates further downside possible (next support ~$122).
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๐ฎ Key Levels
Support: $126 โ $122
Resistance: $136 โ $148 (middle Bollinger Band)
