Coin: Jager (BSC Meme Coin)
Current price: $0.00000000011104 (down -8.06%)
Notes from the chart:
Short-term general trend:
There was a strong rise from around 0.000000000038 to a peak at 0.0000000015979 (huge increase).
Then there was a clear corrective drop, and the price is currently trying to stabilize around 0.00000000111.
Indicators:
EMA 50 (yellow) and EMA 100 (purple) below the price → this gives a signal that the trend is still upward in the short term, but there is a risk of a downward break.
RSI at 55–61 → there is no overbought condition currently, but it has started to exit the strength zone (was above 70 and then went down).
MACD shows a slight bearish crossover with decreasing green bars → indicates the beginning of weakening momentum.
Support and resistance:
Strong support around 0.0000000008569 (if it breaks, we could see a larger drop).
First resistance at 0.00000000139.
Strong resistance at 0.00000000159 (the last peak).
Summary:
The coin is currently in a correction after a strong rise.
If the price holds the support at 0.00000000111 – 0.00000000085, it might rise again and retest the resistance at 0.00000000139.
However, if it breaks the area of 0.00000000085 downwards, it may continue to drop to lower levels (around 0.00000000058).
⚠️ Note: The coin is a Meme Coin and its liquidity is small ($2.6M), so it is risky and its movement is very fast.
