Price forecast #G
Short-term forecast: In the next 1-2 weeks, the price is expected to rise to $0.05157.
Medium-term forecast: Consolidation and gradual recovery to the level of $0.06 are expected within 3-6 months.
Support and resistance levels
Support: $0.03855, $0.03370
Resistance: $0.04759, $0.05157
Entry, exit, stop loss points for 🟢long positions
Entry point: $0.04050
Exit point: $0.05157
Stoploss: $0.03855
Entry, exit, stop loss points for 🛑short positions
Entry point: $0.05157
Exit point: $0.04050
Stoploss: $0.05300
🟢Long and 🛑short scenarios with probability assessment
🟢Long script:
Probability: 70%
Reasons: The current uptrend is confirmed by the Ichimoku Cloud, Parabolic SAR and RSI indicators. Trading volume shows strong interest from buyers, which also has a positive effect on the forecast. The decrease in exchange reserves and the increase in market activity support this scenario.
🛑Short scenario:
Probability: 30%
Reasons: Potential pullback from the $0.05157 resistance level, especially if large holders take profits. Increase in net deposits on exchanges may indicate pressure from sellers.
Technical indicators (influence on price)
Liquidation Heat Map Liquidation Levels: Increased concentration of liquidations in the $0.038 - $0.040 area may create support for the price.
Volume: High volumes confirm the current uptrend, which is a positive factor for 🟢long.
Anchored Volume Profile: Strong support around $0.03855, which is favorable for 🟢long.
Ichimoku Cloud: The price is above the cloud, which confirms the uptrend.
Parabolic SAR: Supports the bullish trend, which is favorable for 🟢longs.
EMA: Price is above 50 and 200 EMA, which also supports 🟢long.
YK Round Levels: Current price is approaching important round levels of $0.050, which indicates possible resistance levels.
RSI: Level around 60, indicating growth potential, but no signs of overbought.
On-chain data (impact on price)
Exchange Reserve: Down 5% over the last 30 days, indicating a tightening of supply on exchanges and is positive for 🟢longs.
Net Deposits: Down 3% over the last 7 days, suggesting selling pressure may be easing.
Capital Inflows: Up 12% over the last 30 days, indicating increasing interest from investors.
Inflow of large holders: Up 8% over the last 30 days, indicating support from large players.
Active and New Addresses Growth: Increased by 5% over the last 30 days, indicating increased activity on the network.
Trading Volume: Up 18% over the last 30 days, confirming the increased interest in the asset.
TVL Growth: Increased by 7% over the last 30 days, indicating growing trust in platforms using this token.
⚠️ General conclusion:
Based on technical and on-chain analysis, it is recommended to consider 🟢long positions at the current price level. The main factors include increasing volumes, support at $0.03855 and positive on-chain data. 🛑Short positions are possible on a rollback from $0.05157, but the probability of such a scenario is lower.
