#Zeta Here’s a breakdown of the key indicators for #ZETA/USDT Perpetual:
1. Price & Moving Averages (MA)
Current Price: $0.3749 (up +15.25%)
MA60 (Gray Line): $0.3806 → This is the 60-period moving average, showing a general trend over a longer time frame.
MA5 (Yellow Line): 673,518
MA10 (Blue Line): 741,624
The price is fluctuating below the MA60, which suggests potential weakness or consolidation.
2. Volume
Current Trading Volume: 54,826
Volume is moderate, indicating activity but no extreme spikes.
3. MACD (Moving Average Convergence Divergence)
DIF (MACD Line - Yellow): -0.0015
DEA (Signal Line - Purple): -0.0012
MACD Histogram: -0.0002 (slightly negative)
The MACD line is below the Signal line, and the histogram is negative, indicating a possible bearish trend or slowdown in momentum.
4. Volume Percentage Change
Today: +11.91% (positive movement)
7 Days: +69.56% (strong increase)
30 Days: +25.59% (decent uptrend)
90 Days: -34.07% (long-term weakness)
180 Days: -47.73%
1 Year: -82.63% (significant long-term decline)
This suggests a short-term recovery, but long-term trends are still bearish.
Conclusion
Short-Term Trend: Positive, but losing momentum.
Medium to Long-Term Trend: Bearish.
MACD: Shows weakness, indicating caution for long positions.
Key Level to Watch: If price breaks above MA60 ($0.3806) with volume, it may turn bullish. Otherwise, a rejection at this level may lead to further downside.