🔍 Chart Analysis ( BRIC/USDT )
$BRIC
🧾 Summary:
Current Price: $0.01704
Recent Move: +7.10% (short rebound)
RSI (14): ~44 (slightly bearish to neutral)
Volume Spike: Evident pump earlier above $0.035, followed by sharp correction.
EMA: Price is below the Super Secret 200 EMA, signaling ongoing downtrend pressure.
📊 Technical Insights:
✅ Bullish Signs:
RSI Bounce from Oversold: RSI dipped below 30 earlier, and now climbing—momentum may be recovering.
Local Support Holding: ~$0.0165–0.0170 region showing demand zone (buyers stepping in).
Candle Reversal Forming: Last few candles show indecision + minor bounce = possible reversal setup.
❌ Bearish Risks:
Failed to Hold $0.02+ Resistance: Strong rejection after pump; whales or insiders may have taken profit.
RSI Still Under 50: No clear bullish momentum yet.
Short-Term Trend: Still lower highs + lower lows = needs confirmation above $0.02 for a true reversal.
📈 Short-Term Price Prediction (Next 48–72 hrs)
Scenario Target Price Probability
🔼 Bullish $0.0185 – $0.0205 Moderate (~40%)
⚖️ Sideways $0.0168 – $0.0175 Likely (~45%)
🔽 Bearish $0.0155 – $0.0162 Low (~15%)
🧭 Strategy Tip:
A break and hold above $0.0185 would suggest bullish continuation toward $0.02+.
If price drops below $0.0165, expect another leg down.
Consider RSI divergence and volume confirmation before entering a position.