#CryptoTrading. #Signal🚥.

📊Technical Analysis (1 hour) $LEVER /USDT

1. Price and Trend:

• Current Price: 0.00002679 USDT (+40.60%).

• The chart shows a strong uptrend with significant growth over the recent period, confirmed by the movement above the moving averages (MA5: 0.00001794, MA10: 0.00001514).

2. Technical Indicators:

• Bollinger Bands (20, 2): The price is approaching the upper limit (0.00003223), which can indicate overbought conditions. The widening of the band signals high volatility.

• MACD: DIF (0.00000248) is above DEA (0.00000216), and MACD (0.00000333) is positive, confirming the upward momentum.

• Stochastic RSI: STOCHRSI (69.9154708) and MASTOCHRSI (79.1679360) are near the overbought zone (>80), which may indicate a possible correction.

• Volumes: A significant increase in volumes (8.008081365 million) accompanies the upward movement, which reinforces the trend.

3. Support and resistance:

🔴Support: around 0.00001842 (middle of Bollinger Bands).

🟢Resistance: 0.00003223 (upper limit of Bollinger Bands).

⚠️Conclusion: Strong bullish trend with signs of overbought. It is recommended to watch for stochastic RSI and volumes. A correction to the support level is possible when profit is taken.