Price & EMA Analysis

Current Price: 0.03456

EMA(7): 0.03516 (short-term trend)

EMA(25): 0.03514

EMA(99): 0.03886 (long-term resistance)

Observation:

The price has dropped below EMA(7) and EMA(25), which is a short-term bearish signal.

The EMAs are sloping downward, and price is still well below EMA(99) — this means overall trend is still bearish despite the recent bounce.

RSI Analysis

RSI(6): 41.7

RSI(14): 45.6

RSI(24): 44.3

Observation:

RSI values are below 50, suggesting weak momentum.

No extreme overbought or oversold condition; the market is in a neutral-to-bearish zone.

MACD Analysis

DIF: -0.00021

DEA: -0.00055

MACD Histogram: +0.00034

Observation:

MACD histogram is positive, suggesting a recent bullish crossover, but it’s weak and potentially fading.

MACD is still below the zero line = overall trend bias remains cautious.

Volume

Volume spike occurred around June 13, followed by decreasing volume — a sign of cooling off after a bounce, which can lead to consolidation or further downside.

Summary:

Current bias: Neutral to Bearish

Price broke below short-term EMAs

RSI and MACD showing weak strength

No strong buy signal at this moment

Potential support around 0.0337–0.0340 range (recent low zone)

Next Move Suggestion:

Scenario 1: Short-term Bearish

If price fails to reclaim EMA(7) or EMA(25) quickly (~0.0351), it could test support again around 0.0340 or even 0.0337.

Scenario 2: Reversal Confirmation

If price reclaims EMA(25) with strong candle + volume, and MACD expands upward, it might retest 0.0357–0.0360 zone.

Trade Suggestion (not financial advice):

Wait & Watch Zone: Market needs to confirm direction.

If bullish breakout above 0.0352–0.0355 with volume, consider scalp long.

If breakdown below 0.0340, can consider short toward 0.0330.

Let me know if you want a more detailed entry/exit plan based on a smaller time frame (like 1H or 15m).