🔥 $4
/USDT Technical Analysis: Aggressive Reversal & Breakout
4 (Four) is surging with a massive +25.92% gain, currently trading at $0.0266. The bulls have aggressively reclaimed control, pushing the price back above all major Moving Averages in a decisive V-shaped recovery.
1. Trend Shift (EMA Reclaim)
Major Victory: The price has blasted through the EMA 99 (Purple, $0.0238), a key level that often separates bearish and bullish territory. Breaking this resistance turns it into a strong floor for support.
Bullish Momentum: The EMA 7 (Yellow) has crossed above both the EMA 25 (Pink) and EMA 99, confirming that short-term momentum has completely flipped to the upside.
2. Momentum Indicators
RSI (6): At 77.99, the RSI is in Overbought territory. This signals extreme buying interest but warns traders that a brief pullback or consolidation might be needed to "cool off" the indicators before the next leg up.
MACD: A clean bullish crossover (DIF > DEA) with rising green volume bars confirms the momentum is backed by real volume, not just hype.
3. Key Levels to Watch
Resistance: The 24H High at $0.0282 is the next major hurdle. Clearing this opens the path to the previous swing high of $0.032.
Support: The $0.0248 level (EMA 7) is now critical. As long as price stays above this, the breakout remains valid.
Verdict:
Strong breakout structure, but expect volatility due to the high RSI. A dip to retest $0.0248 could provide a secondary entry for those who missed the initial pump.