#DinnerWithTrump
1. Current Price:
The current price is 12.28 USDT.
It has decreased by -10.17% after reaching a peak of 16.17 USDT.
2. Moving Averages (EMA):
EMA(7) = 10.28 (Yellow Line)
EMA(25) = 9.45 (Purple Line)
The price is above both averages, indicating a short-term upward trend.
3. Relative Strength Index (RSI):
RSI(6) = 75.85
This means that the currency is in the Overbought zone, which may indicate a potential downward correction soon.
4. MACD:
MACD: Positive (0.65), which is a positive signal.
DEA: -0.53, and the last crossover is upward.
It shows strength in upward momentum, but there is still a possibility for a correction.
5. Key Levels:
Current support around 10.66 USDT.
Previous resistance was at 16.17 USDT.
Strong previous support at 7.14 USDT (the lowest price seen in the past period).
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Recommendation (not investment advice):
If you own the currency: Watch for potential correction due to the high RSI, and partial selling may be a good option.
If you are considering buying: It is better to wait for a corrective drop near support at 10.66 or lower before entering.