Bullish: The current price is above the MA(25), signaling mid-term support. This level could act as a cushion during pullbacks.Bearish: The price is below the MA(7) (short-term resistance) and MA(99) (long-term resistance). These levels might prevent upward movement.Technical Indicators Overview Relative Strength Index (RSI): Value: ~45.Interpretation: RSI below 50 indicates sellers have slight control. However, it is not oversold, meaning potential for reversal exists. Moving Average Convergence Divergence (MACD): Signal Line: Slightly above the MACD line.Histogram: Marginally negative.Interpretation: A recent bearish crossover suggests short-term selling pressure. Bollinger Bands: Middle Band: Near the current price, indicating consolidation.Upper Band: ~$17.50 (resistance level).Lower Band: ~$15.40 (support level).Interpretation: A breakout above $16.90 could lead to bullish momentum, while a drop below $16.50 might trigger further downside.
24h Volume (USDT): $62.41 million.Interpretation: Moderate volume indicates balanced trading activity. Sustained bullish movement would require higher volume.