Here's a brief analysis of the charts:
1. $PNUT /USDT
Current Price: 1.6181 (+3.57%)
Recent Trends:
The price surged to a high of 2.5000 but has since retraced to 1.6181.
The EMA(7) is at 1.4221, indicating the price is still above the short-term trend.
Outlook:
The price is consolidating after a sharp rally. Watch for either a breakout above 1.7415 or further retracement to test lower support levels around 1.4221.
2. $DOGS /USDT
Current Price: 0.0006503 (+4.47%)
Recent Trends:
Price is attempting to recover after hitting a low of 0.0004685.
The EMA(7) and EMA(25) are nearly overlapping, showing a lack of clear momentum.
Outlook:
Consolidation is ongoing. A breakout above 0.0006534 (EMA levels) could indicate bullish momentum, while a drop below recent lows may signal further downside.
3. $ACT /USDT
Current Price: 0.6024 (-6.29%)
Recent Trends:
A sharp move up to 0.9500 was followed by a pullback to 0.6024.
The EMA(7) at 0.6285 shows the price is currently below the short-term average, indicating bearish pressure.
Outlook:
The price may find support near 0.6024 or continue lower toward 0.3142. A recovery above the EMA(7) could signal a reversal.
