📊 Chart Summary (as of now):
Current Price: $2.7728
24h High/Low: $2.8449 / $2.7026
EMA (7): 2.7623
EMA (25): 3.0008
EMA (99): 3.1375
Volume: Slightly higher than recent average
Recent Trend: Downtrend from ~$4.29 to ~$2.40, with a small bounce
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🔍 Technical Analysis
✅ Bullish Signals:
Price crossed above EMA(7): This indicates a short-term momentum shift.
Hammer-like candle recently formed near $2.4 (a potential bottom signal).
Price trying to form a base above recent lows.
❌ Bearish Signals:
Still below EMA(25) and EMA(99): Trend is still bearish on medium and long-term.
Lower highs and lower lows still dominate.
Volume spike on recent down candle indicates selling pressure is still present.
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🧭 Prediction (Next 2–3 Days):
Scenario Probability Price Target
Bullish Rebound Moderate (60%) $2.90 – $3.00 (near EMA-25 resistance)
Sideways/Consolidation Moderate (30%) $2.70 – $2.85
Bearish Continuation Low (10%) Retest of $2.40 or slightly lower
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📌 Strategy Suggestion
If holding: You might wait to see if price breaks above $2.90 with strong volume before adding.
If trading short-term: Consider buying on dips close to EMA(7) ($2.76) with stop-loss around $2.68.
If trend continues up: Watch for volume confirmation and a break above EMA(25) ($3.00).