1. Price forecast (Short term, Medium term)
• Short-term forecast: Volatility is expected in the coming days with a possible test of the resistance level at $0.00000800. If this level is broken, growth to $0.00000900 is possible.
• Medium-term forecast: If the price holds above current support levels, a gradual increase is likely, possibly reaching $0.00001000.
2. Support and resistance levels
• Support:
o The main support is at $0.00000700.
o Next support at $0.00000650.
• Resistance:
o First resistance at $0.00000800.
o The next key resistance is at $0.00000900.
3. Entry, exit, stop loss points for LONG positions
• Entry point: in the region of $0.00000770-$0.00000780 upon confirmation of the upward impulse.
• Exit point: $0.00000900.
• Stop Loss: $0.00000700.
4. Entry, exit, stop loss points for a SHORT position
• Entry point: around $0.00000800 when there are signs of a trend reversal.
• Exit point: $0.00000720.
• Stop Loss: $0.00000850.
5. LONG and SHORT scenarios with probability assessment
• 🟢 LONG script:
o Probability: 65%
o The price is holding at the support level of $0.00000700 and is moving towards the resistance at $0.00000900.
• 🛑 SHORT scenario:
o Probability: 35%
o The price will not be able to break through the resistance level of $0.00000800 and will continue to decline to $0.00000700 and below.
Technical indicators (influence on price)
• LiquidationHeatMap liquidation levels: shows possible liquidations at $0.00000700 and $0.00000850, which could increase movement in these areas.
• Volume: Increased trading volume indicates active traders, which may support the current trend.
• Anchored Volume Profile: Indicates significant interest in the $0.00000750-$0.00000800 region, supporting current levels.
• Ichimoku Cloud: Price is below the cloud, indicating a continuation of the downtrend, but is close to breaking the cloud.
• Parabolic SAR: Uptrend in the short term, confirming a buy signal.
• EMA: 50 EMA is below 200 EMA, indicating a possible downside move in the medium term, but the short term trend indicates a possible recovery.
• YK Round Levels: Support at $0.00000700 confirmed as an important level.
• RSI: RSI is around 50, indicating a neutral position with possible short-term growth.
On-chain data (impact on price)
• Exchange Reserve: Slight increase, which may indicate possible selling pressure.
• Net Deposits: Increase over the last 7 days, which may indicate growing interest in the asset.
• Capital Inflow: Moderate increase, supporting the current price.
• Inflow of large holders: Slight increase, which is positive for the rate.
• Growth of active and new addresses: Growth in the number of new addresses, which can have a positive impact on the price.
• Trading Volume: Increased trading volume indicates possible increased volatility.
• TVL Increase/Decrease: Stable TVL, indicating no significant change in the asset's liquidity.
⚠️ Overall conclusion: Short-term signals point to a possible rise to $0.00000900. However, if the price fails to overcome the resistance of $0.00000800, a pullback to $0.00000700 is possible.
