🔍 Quick Technical Analysis:
1. Current Trend (4H)
Current Price: 0.2733 USDT
Recent Highs/Lows: 0.2830 (24h high) and 0.2553 (24h low)
Recent Increase: +5.20%
Previous Peak: 0.3971 (strong resistance)
2. Moving Averages (MAs)
MA(7): 0.2713
MA(25): 0.2576
MA(99): 0.2657
➡️ The price is above all moving averages, which is a bullish signal in the short term.
3. Volume
Increasing volume in the last candles, indicating buyer interest.
A volume spike is observed in the last part of the chart.
4. Immediate Support and Resistance
Strong Support: Around 0.2337 USDT
Immediate Resistance: Zone between 0.2770 and 0.2830 USDT
5. Sentiment Indicators
Order Book:
Demand (green): 37.28%
Supply (red): 62.72%
➡️ Predominance of sellers at this price, which could lead to a slight correction if there is no additional buying pressure.
📈 Conclusion: Likely Short-Term Scenario (next hours)
Likely Scenario (60%):
The price could attempt to break the resistance of 0.2770 – 0.2830, but given the selling pressure in that area, it may slightly retreat before a stronger breakout attempt.
Alternative Scenario (30%):
If strong volume enters, it could break 0.2830 and approach the area of 0.30 – 0.32, with a more ambitious target of 0.36-0.40.
