Key Observations:
1. Price Level:
Current price: 0.003345 USDT.
24H High: 0.003583 USDT.
24H Low: 0.003319 USDT.
2. Indicators:
Exponential Moving Averages (EMAs):
EMA(7): 0.003295 (yellow line).
EMA(25): 0.003243 (red line).
EMA(99): 0.003726 (purple line).
The price is trading above EMA(7) and EMA(25), indicating short-term bullish momentum.
Williams %R (14):
Value: -32.51.
This suggests the asset is not overbought or oversold but closer to the overbought zone (-20 to 0).
MACD:
The MACD line is crossing above the signal line, signaling bullish momentum.
Histogram bars are increasing in size, further supporting upward momentum.
3. Volume:
24-hour volume: 1.18 billion HMSTR (high trading activity).
4. Candle Patterns:
Recent candles show higher lows, which indicates buyers are stepping in.
Analysis (4-Hour Insight):
Since you are looking for a 4-hour analysis, note:
The chart suggests short-term bullish momentum, but resistance near 0.003583 could stall further upward movement.
If the price breaks below EMA(7) (0.003295), it might test the EMA(25) at 0.003243 as support.
Recommendation:
If bullish: Wait for a breakout above 0.003583 to confirm continued upward momentum.
If cautious: Set stop-loss below 0.003243 to minimize risk if the trend reverses.
Let me know if you'd like more details or a specific strategy!