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๐ Graphical Analysis โ Token Conan (4H)
1. Current Trend
- The current price is at $0.0028258, with an increase of +12.45%, indicating strong buying momentum.
- The chart shows a recent uptrend, coming from a low of $0.0023858.
2. Moving Averages (MA)
Moving averages help to understand short and long-term behavior:
| Moving Average | Interpretation |
|----------------|----------------|
| MA(7) | Short term โ closely follows the price. It is above the others, indicating buying strength. |
| MA(25) | Medium term โ crossing with MA(7) suggests the beginning of a trend. |
| MA(99) | Long term โ still below the current price, reinforcing trend reversal. |
| MA(200) | Very long term โ if the price crosses above, it may confirm a bullish reversal. |
๐ Moving Averages Cross: If MA(7) crosses MA(25) and MA(99) from below to above, this is a classic signal of a Golden Cross, indicating possible continuation of the uptrend.
3. Volume
- The green bars indicate strong buying pressure.
- The increase in volume confirms that the uptrend has significant market participation, it is not just an isolated movement.
4. Fundamental Indicators
- Market Cap (Solana): R$4.68M โ still small, which may indicate room for growth.
- 24h Volume: R$171.44K โ reasonable liquidity for short trades.
- Holders: 10.6K โ growing community.
- Top 10 holders: 39.02% โ moderate concentration, pay attention to whale movements.
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๐ฎ Possible Scenarios
๐ Uptrend (Bullish)
- If the price remains above the moving averages and the volume continues strong, it may seek resistances around $0.0030 and $0.0032.
๐ Correction (Bearish)
- If it loses support at $0.0026, it may test the low again at $0.00238.
---Conanlive
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