Current Price: 0.2197 USDT
24-Hour Price Increase: +9.63%
Highest Price in 24 Hours: 0.2258
Lowest Price in 24 Hours: 0.1921
Technical Indicators:
Moving Averages:
EMA(7): 0.2143 — price above it = short-term positive signal.
EMA(25): 0.2117
EMA(99): 0.2199 — price is almost at this level, indicating potential resistance.
RSI (Relative Strength Index): 76.02 — in the overbought zone = a potential downward correction may be imminent.
MACD: Positive crossover appeared recently = indication of possible continuation of the upward trend in the short term.
Conclusion:
The current movement is upward but close to resistance, and we may witness a retracement or correction.
If you are already in the trade, you might consider taking partial profits.
If you haven't entered yet, entering now carries risk due to the high RSI.