Drop Scenario to Accumulate Liquidity
Technical indicators suggest a possible consolidation or drop in the short term:
• Bollinger Bands (BOLL): Upper band 0.0000000751421, middle 0.0000000608193, lower 0.0000000464964. The price, close to the middle, could fall to the lower band (0.000000046) as a magnet for liquidity, a typical pattern in memecoins where whales seek support.
• Relative Strength Index (RSI): RSI(6) 61.373852, RSI(12) 65.767169, RSI(24) 64.196880, indicating overbought. The recent rally (volume 179,236.6402) could be exhausted, suggesting a correction of 15-20% to $0.000000045-0.000000050.
• MACD: DIF 0.000000047441 over DEA 0.000000046647, MACD 0.000000000794 (positive). The divergence could weaken without sustained volume, supporting a pause or pullback. This potential drop towards $0.000000045 (lower band or psychological support) would allow for accumulating positions at low prices, especially with an increase in volume indicating accumulated demand.#BinanceAlpha #binancealert