Based on current data provided the short term support and resistance levels are as follows:
-Support level $0.00064(latest boll support price.)
-resistance level $0.0006997(latest boll resistance price.)
Considering the current market sentiment index of 49 which falls with the neutral range and the long/short ratio of 20.4.1 major holders of bypit and binance it suggests a potential bullish outlook in short term.
However it is important to note that the RSI is showing an overbought pattern which should indicate a potential reversal or correction in price .Additionally the funding rate of 0.000096 is relatively neutral neither favoring longs nor shorts.
Therefore while the overall sentiment and positioning of major holders suggest a bullish blas ,the overbought RSI indicator and neutral funding rate signal a degree of caution. Traders may consider monitoring price action around the resistance levels of $0.0006997 for a potential breakout or reverse signals before making a decision to enter a bullish position
.No of bullish signal 27 .signal accuracy 44.4% .no of expected pump within the next hour 12. .maximum change +4.14%.
.No of bearish signal 27. .signal accuracy 44.4% .No of expected dips within the next hour. 12. .Maximum charge -3.08%
Note: Risk disclosure: Prediction are for referenceonly not investment advice.