đ My Expectation
đ„” Overbought:
The high values ââof STOCHRSI and MASTOCHRSI indicate that the market is overbought, which means that there is a high probability of a price correction soon.
đ Selling Pressure: The OBV indicator shows selling pressure, which reflects that the number of buyers may be less than the number of sellers, which increases the possibility of a price decline.
â€âđ©čPrice Below MA60: The current price being below the 60-period moving average (MA60) reinforces the bearish outlook.
đ©·Support Level
â€âđ©čâ€âđ©čIf the downtrend continues, we could see the price heading towards the support levels at around 62,000.00 USDT.