📊 Current Price and Trend
Price: $0.06405
24h Change: -8.11% (Bearish)
24h High / Low: $0.07012 / $0.06263
This suggests strong downward pressure recently, with the price currently hovering near the 24-hour low.
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📉 Moving Averages (EMA)
EMA(7): 0.06424 (yellow)
EMA(25): 0.06554 (pink)
EMA(99): 0.06790 (purple)
The current price is below all three EMAs, especially the longer-term EMA(99), indicating a clear downtrend.
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📉 MACD Analysis
DIF: -0.00110
DEA: -0.00120
MACD: 0.00010 (histogram is turning slightly green)
The MACD line is below zero, but a potential bullish crossover is forming, which might indicate an upcoming reversal or temporary bounce.
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📊 Volume
Volume is declining after a brief spike—lower volume on red candles could signal seller exhaustion, but it’s too early to confirm.
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📈 Support and Resistance
Support: $0.06263 (recent low)
Resistance: $0.06690 – $0.06790 (EMA zones)
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✅ Summary
Trend: Bearish
Momentum: Weak but showing signs of a possible short-term reversal
Strategy:
Short-term traders might look for a bounce if support at $0.06263 holds.
Conservative traders should wait for confirmation (MACD crossover, break above EMA25) before entering long.
Bears may consider re-entering if price rejects near $0.066–$0.067 zone.