The provided data reflects the performance of the $ME
/USDT trading pair, possibly related to an NFT-related token. Here's a detailed breakdown:
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Price and Trading Data:
Current Price: $4.286 (-10.33% in the last 24 hours)
24h High: $4.811
24h Low: $4.022
24h Volume (ME): 31.50 million ME
24h Volume (USDT): $136.01 million
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Moving Averages (MA):
MA(7): $4.228
MA(25): $4.324
MA(99): Data not available
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Depth and Price Ranges:
Resistance Levels: $6.199
Support Levels:
Current Range: $4.286ā$4.022
Lower: $3.931
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Volume Details:
Current Volume: 4,031,430.25 ME
Volume Moving Averages:
MA(5): 1,583,958.66 ME
MA(10): 1,257,884.68 ME
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Indicators in Use:
MA (Moving Average): Short-term (7-day) and medium-term (25-day) averages are close, indicating limited momentum.
EMA (Exponential Moving Average): Adds sensitivity to recent price changes.
BOLL (Bollinger Bands): Assesses price volatility and possible overbought/oversold conditions.
SAR (Stop and Reverse): Tracks potential trend reversals.
AVL (Average Volume Level): Shows average trading activity.
VOL (Volume): Measures liquidity and interest.
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Observations:
1. Price Drop: The token price is down 10.33%, reflecting market correction or sell pressure.
2. Support and Resistance: Strong support around $4.022, while resistance is significantly higher at $6.199.
3. Volume Trend: High 24h volume indicates strong market activity, though the price is bearish.
4. Moving Averages: The price sits close to the 7-day MA, suggesting a potential sideways trend.
Would you like more in-depth analysis or a focus on specific technical indicators?
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