Currently 25.86 USDT (+2.42%).
• The price has reflected from support around 22.6 USDT and broke over SMA (average walking).
• You can see an attempt to continue the upward trend - local "mini bull run".
⸻
2. Support and resistance
• Support:
• 24.39 USDT (SMA #1, short -term support).
• 22.60 USDT (strong support - earlier level of consolidation).
• 20.20 USDT (key hole below which the downward trend returns).
• resistance:
• 26.26 USDT (local resistance, currently tested).
• 27.72 USDT (another strong level of resistance).
• 30.95 USDT (key resistance - return to a strong supply zone).
⸻
3. Medium walking (SMA)
• The price was pierced by SMA #1 (red) and SMA #2 (green).
• SMA #5 (blue) is located lower (~ 22.5), which shows that the short -term trend is now stronger than the long -term → bull signal.
⸻
4. MacD
• The histogram begins to grow above line 0.
• The MacD line cut the signal line from the bottom → buy signal.
• The growth moment is developing.
⸻
5. RSI
• RSI ~ 58 → neutral, but close to the "bull" zone.
• Not yet bought out (> 70), so there is space for further increases.
• The price has reflected from support around 22.6 USDT and broke over SMA (average walking).
• You can see an attempt to continue the upward trend - local "mini bull run".
⸻
2. Support and resistance
• Support:
• 24.39 USDT (SMA #1, short -term support).
• 22.60 USDT (strong support - earlier level of consolidation).
• 20.20 USDT (key hole below which the downward trend returns).
• resistance:
• 26.26 USDT (local resistance, currently tested).
• 27.72 USDT (another strong level of resistance).
• 30.95 USDT (key resistance - return to a strong supply zone).
⸻
3. Medium walking (SMA)
• The price was pierced by SMA #1 (red) and SMA #2 (green).
• SMA #5 (blue) is located lower (~ 22.5), which shows that the short -term trend is now stronger than the long -term → bull signal.
⸻
4. MacD
• The histogram begins to grow above line 0.
• The MacD line cut the signal line from the bottom → buy signal.
• The growth moment is developing.
⸻
5. RSI
• RSI ~ 58 → neutral, but close to the "bull" zone.
• Not yet bought out (> 70), so there is space for further increases.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.