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Quick Analysis

Current Price

The price is 2.9900, down 11.71% for the day.

A strong rebound from the 2.8900 support level indicates buyer interest.

Moving Averages (EMA)

EMA(7): 3.0393

EMA(25): 3.1261

The shorter EMA(7) is below EMA(25), confirming a bearish trend. However, the price is close to the EMA(7), indicating potential consolidation or a short-term reversal.

RSI (Relative Strength Index)

RSI(6): 34.42

RSI(24): 40.39

RSI values are near the oversold zone, suggesting selling pressure may ease, and there could be room for recovery.

Stochastic RSI

The Stochastic RSI is at 71.19, near the overbought zone. This suggests that, in the short term, the price might face resistance after its recent bounce.

Volume

Volume shows a spike near the low of 2.8900, indicating strong buying activity at that level.

Key Levels

Support: 2.89

Resistance: 3.05 (short-term) and 3.12 (EMA-25 level).