Overall Trend
Current price: $0.0392 (-2.99%)
In downtrend since July 2023
Recently showing reversal signs
Trading near 200 MA ($0.03190)
Support and Resistance Levels
Resistance:
Major: $0.0400 (psychological level)
Secondary: $0.0450 (previous high)
Support:
Critical: $0.0350
200 MA: $0.03190
Strong: $0.0300
Technical Indicators
RSI (14):
Currently at 54.96
Neutral zone with bullish bias
No extreme conditions present
MACD:
Slight bullish crossover forming
Histogram showing minimal positive momentum
Trading near zero line
Volume Analysis
Volume SMA at 26.589M
Decreasing volume during downtrend
Recent uptick in buying volume
Conclusion
GUSDT shows potential reversal signs but needs volume confirmation. Key is holding above 200 MA. Consider entries near support with stops below $0.0300. Watch for clear break of $0.0400 for trend change confirmation.ShareRewrite