$CKB
/USDT Technical Analysis:💯🔥🔥
Current Price: $0.012042 (up 3.95% in 24 hours)
Support Levels: $0.0116 (strong support), $0.0115
Resistance Levels: $0.0121 (previous high), $0.0125 (next resistance)
Technical Indicators:
RSI (14): 62.7 (Bullish, near overbought)
MACD: Positive crossover, indicating upward momentum.
Moving Averages: The 50-period MA is above the 200-period MA, indicating a long-term uptrend.
Trade Signal:
Buy Signal: Enter above $0.012050 if momentum holds, with confirmation from RSI and MACD.
Target Levels:
Target 1: $0.0125 (resistance zone)
Target 2: $0.0128 (next major resistance)
Target 3: $0.0132 (potential breakout area)
Momentum:
Momentum is currently bullish, supported by both the MACD and positive price movement.
Caution is advised around the 62-70 RSI zone, which could signal overbought conditions.