$BURGER /USDT
Current Market Overview:
Price: $0.6554 (+11.90%)
24h High/Low: $0.6990 / $0.5727
24h Volume: 23.10M $BURGER
Key Indicators:
1. Bollinger Bands (20, 2):
Upper Band: $0.6935
Middle Band: $0.6713
Lower Band: $0.6491
Status: Price nearing the lower band, indicating potential consolidation or reversal from the downtrend.
2. Moving Averages (MA):
MA(5): 171,014.4
MA(10): 225,533.6
Trend: Short-term MA(5) crossing downward, signaling weakening bullish momentum.
3. William %R (14): -40.6250
Zone: Neutral, with slight bearish inclination.
Volume Insight:
Current Trade Volume: 202,986.4
Elevated volume suggests increased trading activity, but price decline indicates sellers currently dominate.
Summary:
$BURGER /USDT shows a short-term pullback from its recent highs, with key support around $0.6491.
Traders should watch for a potential bounce or further breakdown below the Bollinger lower band.
Consider monitoring volume and MA crossover for clearer trend direction.