Technical Analysis of Wizard Coin

The current price of the coin is $0.0033799, down 14.52% during the specified period. This indicates strong selling pressure.

The moving averages show a clear bearish signal, as the current price is below all averages (EMA7 at 0.0033810, EMA25 at 0.0035645, and EMA99 at 0.0035589).

The immediate support level is at 0.0032878, and if this level is broken, the decline may continue towards 0.0029927. The main resistance level is at 0.0044678.

The trading volume is low at 5,321 compared to averages, indicating weak liquidity and interest. The negative OBV indicator at -1,209,761 confirms selling dominance, while the Williams %R indicator at -84.95 indicates an oversold condition that may lead to a potential bounce.

The market capitalization is small at $848,535, increasing the risks of sharp fluctuations.

Forecast: The decline continues as long as the price remains below the averages and volume is low. There is a possibility of a short-term bounce due to overselling, but this requires an improvement in volume and buying interest.

Advice: Closely monitor the support level of 0.0032878. The coin is high risk and suitable only for experienced traders in the short term.