Here's a quick technical overview of the $RHEA
/USDT 15-minute chart:
📊 Current Price:
$0.062339 (+37.12%)
📉 Recent Price Action:
High: $0.068247
Low: $0.058153
Current movement: Pullback from local highs; minor downward trend forming short-term lower highs.
📈 Indicators:
MA(5): 59,638.4945
MA(10): 61,944.3986
→ Price is currently trading below MA(10) and around MA(5), indicating slight bearish momentum in the very short term.
📉 Volume:
Volume has dropped slightly, suggesting momentum is cooling down after the pump.
⚠️ Support & Resistance:
Support: $0.0581 (previous wick low)
Resistance: $0.0682 (recent high)
📌 Conclusion:
RHEA saw a strong breakout (+37%) but is now experiencing a minor correction. It remains above key support, but if $0.058 is broken, it may signal a deeper retrace. Watch for a bounce above $0.0643 to confirm renewed bullish momentum.
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