Quick Technical Analysis Frame 15 Minutes
Current Data
Current Price: 1.801
Highest Price in 24 Hours: 2.700
Lowest Price in 24 Hours: 1.278
Rise in 24 Hours: +37.59%
📉 Technical Indicators
MACD
Indicates a slight negative crossover (MACD: -0.019), suggesting a slowdown in upward momentum.
RSI (6)
Value: 23.394 — which is very low (below 30), indicating that the currency is in an oversold area, and we may witness a potential upward rebound soon.
Stochastic RSI
K: 11.47 / D: 13.15 — also in the oversold area, providing additional support for a potential rise in the short term.
📊 Price Chart: After a strong rise to 2.70, there was a quick correction.
Currently, there is a kind of sideways consolidation around 1.78–1.80.
Proposed Decision: If you are considering entering a short-term trade:
Buying is more logical currently due to the oversold indicators, but with a stop loss below 1.72 and a first target at 2.00.
Do not enter with a large size, as the market is still volatile after a strong correction.