📊 Technical Analysis WHY - Short Term
Current trend:
The current price is $0.000000036503, with a slight increase of +0.58%.
The chart shows a strong downtrend since the local high of $0.000001059.
Moving Averages (MA):
MA(7) = $0.00000003609
MA(25) = $0.00000003808
MA(99) = $0.00000005334
This shows that the price is below the short, medium, and long-term averages, indicating still present selling pressure.
RSI (Relative Strength Index):
RSI(6) = 46.52
RSI(12) = 44.32
RSI(24) = 43.28
→ All three are below 50, signaling that the asset is neutral to slightly oversold (i.e., it may have room for a small correction rally).
🧠 General Interpretation
Price trend: Still bearish, but starting to form an accumulation zone between $0.00000003380 and $0.00000003650.
Good buying position?
Potentially yes, if you accept the risk: the asset seems to be at a short-term bottom, with a low RSI and support forming.
But there is still no strong reversal signal, so ideally, it is best to wait for confirmation of a breakout above the MA(25) with increasing volume.
💰 Sell Projection (Target)
If you enter now (or are already positioned), possible sell price targets would be:
Target 1 (short resistance): $0.00000003808 → 4% profit
Target 2 (medium resistance): $0.00000004971 → ~36% profit
Target 3 (local top): $0.00000010059 → almost 3x profit (more risky)
