💥💥 𝗦𝗢𝗟𝗔𝗡𝗔 𝗧𝗘𝗖𝗛𝗡𝗜𝗖𝗔𝗟 𝗔𝗡𝗔𝗟𝗬𝗦𝗜𝗦 📈

• Moving Averages:

- MA5 (10.17K) and MA10 (11.62K) suggest that the short-term trend is upward if the current price is above these averages.

• MACD (Moving Average Convergence Divergence):

- MACD line (0.825) above the signal line (0.738) indicates a bullish signal.

- A positive MACD histogram also supports the upward momentum.

• RSI (Relative Strength Index):

- RSI6 (59.89), RSI12 (61.88), and RSI24 (58.82) are all below the overbought threshold (70), suggesting there is still room for upward movement before becoming overbought.

• Volume:

- Volume data (5.58K) shows moderate trading activity, which supports the price movements.

Probability Prediction:

1. Bullish Continuation:

- Probability: 65%

- Indicators like MACD, RSI, and current price trend support continued upward movement, targeting or surpassing the recent high of 173.29 USD.

2. Sideways Movement:

- Probability: 20%

- Price may consolidate around the current level (171.87 USD) as traders await further market signals or news.

3. Bearish Reversal:

- Probability: 15%

- Although less likely due to bullish indicators, sudden market changes or significant sell-off volumes could drive the price down to recent support levels around 167-164 USD.

Goodluck everyone! Ps, don’t forget to DYOR and risk management.

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