📊 Current Situation Summary:
Current Price: 1.576 USDT
24h Variation: +10.75%
24h Volume: 10.51M (ATM) / 17.41M (USDT)
Maximum in 24h: 2.160 USDT
Minimum in 24h: 1.386 USDT
🔍 Technical Indicators:
✅ Bollinger Bands:
There was a strong expansion of the bands, indicating an increase in volatility.
The price broke the upper band, indicating overbought conditions, followed by a correction.
Now the price is approaching the average of the bands, possibly testing support.
📈 Moving Averages:
The short moving averages (possibly EMA 9 and 21) crossed upwards recently.
This indicates a possible beginning of an uptrend, as long as the price stays above them.
📉 MACD:
The MACD is above the signal line, which is a sign of buying strength.
However, it seems to be losing momentum, suggesting possible consolidation or slight correction.
📉 RSI (Relative Strength Index):
RSI rose above 70 (overbought), but has already corrected and is now between 50 and 60.
Still in the strength zone, with no clear divergence at the moment.
🧠 Technical Interpretation:
The chart shows a peak followed by a natural correction, now consolidating near the moving average and Bollinger average.
If it can maintain above 1.50 USDT, there are chances of a new upward movement.
Nearby resistance region: 1.80 to 2.00 USDT
Important support: range of 1.45 to 1.50 USDT
⚠️ Possible Scenarios:
🔼 Up:
A strong breakout above 1.80 USDT could lead to a new test of the recent high (2.16 USDT).
Volume needs to increase again to sustain this movement.
🔽 Down:
Losing the moving average and support at 1.50 USDT could bring the price down to 1.38 USDT or even the previous low of 1.14 USDT.
🧭 Suggested Strategy:
Buyers: Wait for a pullback at 1.50~1.52 for a possible entry with a short stop.
Sellers: Watch for a strong drop below 1.50 to short sell until the next support.
Ideally, trade with confirmation of volume and candle patterns.