#BOBBuildOnBNB
my conclusion🤑🤑🤑🤑🤑
2. EMA (Exponential Moving Averages)
In the short term (50‑100 periods), the EMAs are in a bullish position and pointing upwards.
This indicates that the short-term trend is still positive, but given the overbought condition (RSI), the momentum may slow down.
4. OBV (On-Balance Volume)
I don’t have specific numerical values, but if the OBV is rising along with prices, it indicates sustained buying pressure, supporting the bullish trend.
If prices rise but OBV falls, be cautious of divergences that often precede reversals.
5. Volumes
Volumes are still high, around 10–12 M USD on CoinGecko coingecko.com.
Increasing volumes on price rallies confirm the strength of the movement; in the event of a pullback, it’s important to see whether volumes decrease or increase (in a sell-off, strong bearish volumes signal crashes).
Technical Conclusion
Bullish trend in the short term: confirmed by positive EMAs and solid volumes.
Heating signal: high RSI (~73) and potential overbought KDJ.
Watch out for pullbacks: in case of a pullback, key support could be at the EMAs or historical levels (e.g. 0.00000008–0.00000009).
Positive OBV, so the trend is still supported, but it’s important to monitor for any divergences.