Chart Analysis:
$RWA /USDT
Current Status:
The price is at $0.0997, showing a significant 24h gain of +25.25%. After a dip to a low of $0.0793, the asset has seen a strong rebound, approaching its 24h high of $0.1286.
Key Observations:
* Strong Upward Momentum: The recent candles indicate a bullish trend, with the price breaking above the Moving Averages (MA) 7 and 25.
* Volume Spike: The substantial trading volume (88.18M 24h Vol) supports the recent price surge, suggesting strong buyer interest.
* Moving Averages: The MA(7) at 0.0980 and MA(25) at 0.0862 are both below the current price, confirming the short-term uptrend.
#RWA #CryptoAnalysis #TechnicalAnalysis #BullishMomentum #Binance