#RideTheKaiaWave
Price Action:
Current price: 1.1963 USDT.
24-hour change: +13.05%, indicating strong buying momentum.
24-hour high: 1.2317.
24-hour low: 0.9951.
2. Technical indicators:
Parabolic SAR: Yellow dots below the price indicate a current bullish trend.
MACD:
DIF value: 0.0230 (shows a positive crossover, indicating the continuation of the bullish trend).
MACD is in the positive zone with strong momentum.
RSI (6): The value of 67.05 indicates that the price is close to the overbought area, which means a possible upcoming correction.
3. Support and Resistance Levels:
Important Support: around 1.0217 (based on previous SAR level).
Current Resistance: at 1.2317 (24-hour high).
4. Volume and Trading:
Strong 24-hour trading volume: 308.29M USUAL, supporting the current momentum.
Recommendation:
If you already own the currency: Watch the resistance level at 1.2317 and decide to sell a portion to make a profit.
If you are thinking of buying: There may be an opportunity at a correction to the support levels around 1.12 - 1.02.
