๐ Shoggoth Analysis โ RSI Near Overbought, Momentum Builds ๐
๐พ Meme coin Shoggoth is surging with an 11.67% pump and RSI nearing overbought territory. Traders are watching for a breakout above $0.00532 or signs of exhaustion.
๐ Technical Analysis
- Short-term trend: Bullish
- Support: $0.00400
- Resistance: $0.00532
- Pattern: Strong upward channel
- Volume: Increasing with price action
- RSI: 67 โ approaching overbought zone
- Outlook: Bullish with caution near resistance
๐ฐ Market Data & News
- Current Price: $0.0046493
- 24h Change: +11.67%
- Market Cap: $4.65M
- Liquidity: $876K
- Holders: 15,558
- FDV: $4.65M
- No major headlines or listings reported
๐ Scenario Breakdown
- Bullish Case: Break above $0.00532 with RSI pushing past 70 and volume surge
- Bearish Case: Rejection at resistance with RSI divergence and drop toward $0.00400
๐ Sentiment Meter
๐ Bullish Momentum โ Strong breakout setup, rising volume
โ ๏ธ Risk Level
๐ก Medium โ Some signals align, but confirmation needed
๐ฌ Will Shoggoth smash through $0.00532 or cool off after the pump? Letโs hear your take ๐
๐ Ready to ride the wave? Tap the chart and follow the strategy! This setup is built for momentumโdonโt miss it. ๐ฌ Like, Follow & Share to fuel the crypto community!
๐ข Not financial advice. Use this analysis as a learning tool, not a trading signal. DYOR and manage your risk.
