Current situation:
Current price: 0.01518 USDT, down 6.05% in the last 24 hours.
Changes over periods:
- Today: -4.35%
- Last 7 days: -0.60%
- Over the last 30 days: +78.16%
Trading volumes and moving averages:
Trading volume (VOL):
- Total volume: 904,112,716
Moving averages (MA):
- MA(5): 462,394,721
- MA(10): 366,985,122
Order book:
Demand:
- The largest buy orders are at the levels: 0.01515 (4,717,145 NOT), 0.01516 (4,645,147 NOT), and 0.01517 (1,872,028 NOT).
Proposal:
- The largest sell orders are at the levels: 0.01519 (4,854,975 NOT), 0.01521 (4,773,889 NOT), and 0.01524 (6,455,935 NOT).
Technical analysis:
Trend:
- The price continues to decline, as evidenced by the red candles and the current percentage change.
- It is important to note that the price is near the support level of 0.01500, which may play a role in further price movement.
Trading volumes:
- Significant trading volumes support the current movement, which indicates strong activity of market participants.
Forecast:
Short:
- Level 0.01500 remains key support. If the price breaks through this level and consolidates below, a further decline to 0.01450-0.01400 is possible.
- If the support level holds, we can expect a rebound to 0.01550 and higher.
Mid-term:
- If the support level is maintained and the trend reverses, growth to 0.01600 and higher is possible, especially if trading volumes continue.
Recommendations:
- Buy: can be considered at the level of 0.01500 with a short stop loss below this level.
- Sell: if the 0.01500 level is broken, it may be worth considering selling.
Investors should closely monitor changes in trading volume and support/resistance levels to make informed decisions.
