$NOT
From the screenshot, here are key observations to help with your decision:
1. Recent Trend:
The price has rebounded slightly after a downward move.
It is trading near 0.0081, still below the recent high of 0.008356.
2. Moving Averages (MA):
MA(7): 0.008065 (yellow) – short-term moving average is below MA(25), signaling bearish momentum.
MA(25): 0.008168 (pink) – slightly above current price.
MA(99): 0.008011 (purple) – long-term support is close, suggesting stabilization.
3. MACD Indicator:
The histogram shows decreasing red bars, meaning bearish momentum is weakening.
DIF and DEA lines are close to crossing upward, indicating a potential buy signal soon.
4. Volume:
Recent volume is mixed but lower compared to the prior spike during the downward trend.
Decision:
If you’re risk-averse, you might consider holding, as the downward momentum appears to be slowing and short-term stabilization is visible.
If you’re a trader and anticipate a bounce back toward 0.008168 (MA25) or higher, you can hold for short-term gains.
However, if the price fails to hold above 0.0080, it could indicate further downside, making selling a more conservative choice.
Recommendation:
Hold if you can tolerate small dips and wait for a clearer upward trend confirmation (MACD crossing upward).
Sell if the price drops consistently below 0.0080 with rising sell volume.
Would you like a detailed technical breakdown or further clarification on this?