The current price of $RECALL stands at 0.1110 USDT, with indicators suggesting a generally bullish trend, though some uncertainty remains. Recent swing extremes show a high of 0.1519 and a low of 0.0831, with a balance level at 0.1175. Market volumes indicate a base formation around current prices without a strong impulse.
Key indicators such as MACD, PSAR, DMI, and ADX are bullish, suggesting potential trend strengthening. However, Stochastic, RSI, Momentum, and MFI are bearish, indicating possible local resistance. The price is above the 20 EMA but below the 200 EMA, reflecting short-term bullish intentions under long-term pressure.
Critical support levels are at 0.1073 and 0.0850, while resistance is noted at 0.1264, 0.1332, and 0.1519. Trading strategies suggest potential long positions if the price dips below 0.1073 or 0.0992 and quickly rebounds above 0.1110, with targets at 0.1264 and 0.1332. A stop-loss is advised below 0.0850. This analysis is educational and not investment advice.
$RECALL Price Analysis: Bullish Indicators Amid Uncertainty
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
