#CryptoReboundStrategy
1. Current price:
- The current price is $2.3902 with a decrease of 1.27% in the last 24 hours.
2. Technical indicators:
- RSI (Relative Strength Index): at 58.14, which means that the market is not in an overbought or oversold area, but closer to the upside.
- MACD: shows a bullish crossover between the blue and orange lines, with a decline in the red bars (Bearish Momentum), indicating a weakening of the bearish momentum and a possible reversal.
3. Price behavior:
- There is a clear uptrend since November 2024, with some corrective pullbacks.
- The price is currently moving in a sideways range after a strong upward wave during December.
4. Support and resistance levels:
- Nearby support is at $2.32 (lowest price in 24 hours).
-The next resistance is at $2.44 (24-hour high) and a stronger one at $3.00.