#BOB The current price is below the MA(7) and MA(25), which may indicate a short-term bearish correction, although it remains above the MA(99), suggesting that there is still a long-term bullish trend.
The shorter RSI (6) is very low, indicating possible oversold conditions and potential for a rebound. However, RSI(12) and RSI(24) are in neutral territory.
Values below 20 are typically considered oversold, which may indicate a buying opportunity if the rebound is confirmed.
MFI is also in the oversold zone, reinforcing the potential for a rebound if buying volume comes in.
🧱 Volume
Increased significantly during the recent rise, but is decreasing, indicating possible consolidation or the start of a correction.
🔚 Technical Conclusion
General Trend -> Bullish in the medium/long term (by MA99) Current Correction -> In progress (below MA25 and MA7) RSI / Stoch RSI / MFI -> In oversold → possible rebound Volume -> Decreasing after the peak Recommendation (Non-financial) -> Wait for confirmation of rebound if looking to enter