Wow, for today, a new analysis of crypto.
Current price: 118,906.03 USDT (~101,819.23 €), up by +0.85%.
24h High: 119,800 USDT
24h Low: 117,859.98 USDT
Volume (24h):
BTC: 12,109.25
USDT: 1.44 billion
Moving average (MA60) around 118,947.86, very close to the current price → equilibrium zone.
MACD in negative (MACD: -1.43 / DIF: -12.33 / DEA: -10.91) → bearish trend but weakened (signs of a possible reversal).
Volume quite low recently, indicating little net buying or selling strength → market in wait.
📉 Chart reading:
After a strong rise, quick correction and entry into a sideways consolidation phase.
The candles oscillate around the MA60, indicating a battle between buyers and sellers.
📝 **Interesting publication proposal (ready to post):
✨ POW/USDT: A calm before the storm?
📈 After a peak around 119,800 USDT, the POW crypto seems to be searching for its direction.
The MACD remains negative, a sign of ongoing selling pressure, but the gap is narrowing… Is a reversal preparing? 🤔
📉 The price oscillates around its MA60 — a neutral zone where the market hesitates.
🔍 Low volume = little conviction… but sometimes, it’s the silence before the explosion 💣
👉 To watch closely! A breakout above 119,800 could trigger a new rally, while a drop below 117,800 would restart the correction.
🧠 The most patient are often the best rewarded…
#CryptoAnalysis #POW #Binance #CryptoTrading #TechnicalAnalysis #CryptoAlert