✅ 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.