Technical Analysis

🔹 Daily Technical Indicators (1D)

• General Trading Signal: Neutral

• Moving Averages: 13 indicators indicate a sell, 2 indicate a neutral, and no indicators indicate a buy

• Oscillators: 1 indicator indicates a sell, 2 indicate a buy, and 7 indicate a neutral

🔹 Additional Indicators

• Relative Strength Index (RSI): 83.10 – indicates an overbought condition, which may indicate a potential price correction

• Stochastic: 79.73 – close to the overbought area

• Williams %R: -4.35 – indicates a strong overbought condition

• CCI (14): 265.75 – indicates strong upward momentum

🔹 Support and Resistance Levels

• Strong Support Area: $0.0058 – $0.0062

• Upcoming Resistance Levels:

◦ First resistance: $0.0154

◦ Second resistance: $0.0220 – $0.0228

◦ Third resistance: $0.0256