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
•