✅ Current Price: $0.4700

✅ 24h High: $0.5350

✅ 24h Low: $0.4683

✅ Price Change: Today -4.08% down

✅ Moving Averages:

  • MA(7) = 0.4929 (Current price is below this)

  • MA(25) = 0.5057 (Also below this)

  • MA(99) = 0.5336 (Also below this)

Price Movements

  • Looking at the 4h chart, the price reached a low of $0.4630 and then went up to $0.5833 but has come back down again.

  • The candlestick pattern is forming continuous lower highs and lower lows, which is a sign of a downtrend.

  • The last candle is a red candle indicating that sellers are still in control.

  • 📊 Volume Analysis

  • Volume is decreasing after the last large green candle. This indicates weak interest from buyers.

  • Current sell volume is increasing, indicating further decline.

Signal from Key Indicators

  • Being below MA(7) is a sign of short-term weakness.

  • MA(25) and MA(99) are also acting as resistance.

  • A short-term reversal can only be expected if the price moves above these MA levels.

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