BABY/USDT on the 1-hour chart is showing a weakening signal after a strong increase. Although the current price is closely following EMA9 and EMA34 (still holding above these two lines), the trend is stagnating. Bollinger Bands are starting to contract, indicating a decrease in volatility. MACD is below 0 and the histogram is gradually turning red, suggesting that the downward momentum is still present. Stochastic RSI and RSI are both in the oversold region, signaling a potential technical rebound, but there is not enough basis to enter a trade hastily.
In summary: the short-term trend is weak, it may move sideways lightly or have a slight rebound before choosing a direction. If the price holds above the 0.13 region and strongly rebounds past 0.14, then we can consider riding the wave. If this region breaks down, it may easily return to test the 0.127 region. No FOMO at this time.#dolugcrypt