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## Market Overview: - Current price: 1.9150 USDT - Down -38.06% from the highest level (2.8983 USDT) - The pair appears to be in a strong downtrend with multiple support levels broken
## Key Technical Indicators:
### 1. Relative Strength Index (RSI): - RSI(6) at 31.9470, indicating: - The market is in a neutral zone approaching oversold territory (@30)
## Performance Overview - Current price: 0.1547 USDT (-9.27% decrease) - The price shows a strong bearish trend with a decrease of more than 9% recently
## Technical Indicators Analysis
### Momentum Indicators - **STOCHRSI (22.8802) below MASTOCHRSI (7.9732)**: Indicates strong selling pressure and decline in momentum - **RSI(6) at 40.3978**: Approaching the oversold area (below 30) but not there yet
Investors will soon see the impact of the latest developments in tariffs on the markets, while the U.S. Federal Reserve issues a new decision regarding interest rates, at a time when U.S. President Donald Trump is pressuring the Federal Reserve and its chairman, Jerome Powell, to lower interest rates, something the central bank has hesitated to do so far.