🔍 Current Situation
Price: 0.0197
Daily Retracement: −4.21%
Overall Trend (1D): Strongly Upward, but within a natural healthy correction
📈 Technical Analysis
1️⃣ Direction and Averages
The price is still above all moving averages (MA & EMA)
EMA12 / EMA20 / MA50 are all below the price ➜ the upward trend is still intact
Any current drop is considered profit-taking, not a trend reversal
2️⃣ RSI Indicator
RSI ≈ 83
Overbought zone
This explains the current pullback
Important: No sharp negative break has appeared → momentum is not over
3️⃣ KDJ
K, D, and J all above 85
Clear signal of overbuying
Expected:
Either a sideways correction
Or a slight drop then continue upward
4️⃣ Bollinger Bands
Price is close to the upper limit
Often will return to test the midpoint (MA20)
This is very healthy before any new upward wave
5️⃣ Volume
Volume is high compared to previous periods
Indicates:
Liquidity entry
Real interest, not fake pumping
🧭 Important areas
🟢 Support areas
0.0180 – 0.0172 first support (excellent for consolidation)
0.0158 very strong support (MA50 + SAR)
🔴 Resistance areas
0.0212 (the last peak)
After that:
0.0240
Then 0.0280 in case of a strong breakout
🎯 Expected scenarios
✅ The positive scenario (most likely):
Consolidation or slight correction
Re-accumulation
Then a breakout at 0.0212
Subsequent targets: 0.024 → 0.028
⚠️ Cautious scenario:
Break at 0.018
Drop to test 0.0158
Then a strong rebound (still positive)
🧠 Summary
JF very strong technically
What is happening now is a warrior's relief
General trend: Bullish
There are no real negative reversal signals yet
📌 This type of correction usually precedes a new price explosion
And patience here = strength 💎 #JF #justfunny # #JF
