🔍 Technical Analysis – Next Hours (up to 8 hours)
Source: Quantum Traders via Binance Square
Overall Short-Term Trend: Positive (Bullish).
Moving Averages:
20–50–100 periods on a short time frame support the price, and the greater likelihood is that the price will remain above them.
Potential Resistances:
R1 ≈ 2.065–2.075 USD
R2 ≈ 2.085–2.095 USD
R3 ≈ 2.10–2.12 USD
Potential Supports:
S1 ≈ 2.035–2.045 USD (Immediate Support)
S2 ≈ 2.02–2.03 USD (Medium Support)
S3 ≈ 2.00–2.01 USD (Stronger Support)
Momentum Indicators:
The RSI indicator on the 1-4 hour time frame is usually above 50, indicating positive momentum.
The MACD indicator on the same time frames shows the MACD line above the signal line and the histogram is positive, reinforcing the bullish outlook