$LUMIA
Technical Analysis of LUMIA/USDT
Current Price: 1.579
24h Range: 1.471 - 2.081
Support and Resistance Levels:
Resistance: 2.081 (24h high)
Support: 1.471 (24h low)
Indicators:
RSI: The RSI(6) is at 34.140, the RSI(14) is at 33.686, and the RSI(24) is at 35.429. This suggests that the asset is currently in an oversold condition, meaning that it is likely to bounce back up.
Candle Pattern: The candlestick pattern shows a bearish trend in the last few hours. The candle closed at a new low for the day, which is a bearish signal. This trend needs to be confirmed over the next couple of hours.
Overall:
Bearish Sentiment: The overall sentiment is bearish, and the asset is currently trading below the 24h high. The recent candle pattern also supports this trend.
Oversold: Although the price is decreasing, the RSI suggests that the asset might be oversold and may rebound soon.
Disclaimer: This is not financial advice. Do your own research before making any trading decisions.