Current Price: Approximately 506.89 USDT

Change: -4.67% (relatively small decline)

The general trend recently has been downward from a peak of 750 to a bottom near 390, then began a corrective upward rebound.

📈 Analysis:

The price is above EMA7 and EMA99 → Beginning of a short-term bullish signal.

The price is below EMA25 → The rise has not been confirmed yet (potential resistance point at 520).

If the price closes above 520 with two consecutive 4h candles → Confirmation of the beginning of a new upward wave.

🔹 3. Relative Strength Index (RSI 6)

RSI = 55.07

➡️ Indicates that the currency is in a neutral upward bias (not overbought or oversold).

If RSI exceeds the level of 60–65 → Positive momentum will begin strongly.

🔹 4. MACD

DIF = -24.87, DEA = -20.00, MACD = -4.87 📊 The indicator is still in the negative zone but crossing upwards, indicating that the decline is starting to weaken and we expect a gradual shift to the upside in the coming hours.

🔹 6. Support and Resistance

Level Type Note

390–410 Strong Support Previous rebound area and clear buying peak

520–530 Close Resistance At EMA25

580–600 Major Resistance The last peak before the decline

465–470 Secondary Support At EMA99

🔹 7. Near-term Outlook (short term – coming days)

📈 Positive Scenario (60% probability)

Clear breakout above 520–530 → Price targets 580 then 620.

RSI > 60 and MACD indicator turns positive.

📉 Negative Scenario (40% probability)

Failure to exceed 520 → Return to test 465–470 and possibly 390 again.