$TRADOOR
Current Indicator Analysis:
RSI (Relative Strength Index): The RSI number shows 87.65. Technically, a number above 70 is considered overbought. At level 87, the price is very "hot" and there will usually be a correction or profit-taking in the near future.
Nearest Target (Resistance): The price has just touched $2.78691. If it can break through and stay above this number, the next psychological target is likely in the range of $2.90 - $3.00.
Support Point: If a correction occurs, watch the MA(7) line at $2.59. If the price drops there and bounces back, the uptrend is still maintained.
Movement Prediction:
Optimistic Scenario: If buying volume remains consistent, the price could try to reach the round number of $3.00.
Correction Scenario: Considering the RSI is already very high, there is a possibility that the price will "rest" momentarily in the $2.50 - $2.60 area before trying to rise again.
#dyor keep watching