Image of BMON
BMONBinamon
$0.001531
0.48%
1D

Binamon Analysis

Investment Score
A quick view into Binamon's investment prospects.
8.2

The asset still looks technically supportive, with multiple signals continuing to back the setup.

What is helping
  • MACD is confirming the current directional bias.
  • The current level still offers a favorable reward-to-risk profile.
Main risks
  • Price is trading below the Hull Moving Average (9), which points to weakening short-term momentum.
  • Price is trading below the Ichimoku base line, which suggests the broader structure is weakening.
Market State Summary
Current regime
Bull Quiet
Confidence: 68%
Why this state?
  • BMON is above SMA50
  • SMA50 is below SMA200
  • SMA50 slope is positive over the last 10 days
  • 30-day return is positive
  • ATR volatility is below the 60th percentile of its trailing 180-day history
Suggested strategy

In the current Bull Quiet regime, the best-fit approach is Trend following / buy dips. Trend conditions are constructive and volatility is contained, which usually favors following the move higher and looking for pullbacks instead of fading strength.

Trend
Bullish
BMON is trading above key moving averages and the medium-term trend is still rising.
Momentum
Neutral
RSI is 63.42, which is neither overbought nor oversold.
Volatility
Quiet
BMON ATR volatility is below the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.001535 - $0.002468
Active zone
$0.001140 - $0.001532
Support zone
$0.001403 - $0.001530
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bullish
ATR%
Quiet
Volume
Low
Support & Resistance

Binamon support and resistance levels highlight key price zones where buyers and sellers are most active. This section helps identify likely breakout areas, pullback support, overhead resistance, and the current trading range so you can evaluate trend continuation, reversal risk, and near-term crypto price direction.

Support zone
$0.001403 - $0.001530
Resistance zone
$0.001535 - $0.002468
Active zone
$0.001140 - $0.001532
Levels Table
LevelZoneStrength
Support 1$0.001403 - $0.001530
Resistance 1$0.001535 - $0.002468
Resistance 2$0.002740 - $0.002866
Resistance 3$0.003049 - $0.003176
Resistance 4$0.003636 - $0.003878
Active 1$0.001140 - $0.001532
Scenario Analysis
Bullish scenario

BMON clears the resistance zone at $0.001535 - $0.002468 and holds above it. That would strengthen the breakout case and shift attention to $0.002740 - $0.002866.

Bearish scenario

BMON loses the support zone at $0.001403 - $0.001530. That would weaken the setup and open the way toward $0.001403 - $0.001530.

Neutral scenario

BMON continues trading between $0.001530 and $0.001535. In that case, range-trading conditions remain active.

Technical Indicators

Technical indicators help summarize trend, momentum, volatility, and key price levels. They should not be used in isolation, but they can help identify whether a coin is trending, ranging, overextended, or approaching an important support or resistance level.

IndicatorValueSignalInterpretation
SMA50
$0.001387
Bullish
BMON is trading above the 50-day average.
SMA200
$0.001579
Bearish
BMON remains below the long-term trend line.
EMA50
$0.001436
Bullish
BMON is holding above the 50-day exponential average, which supports the recent trend.
EMA200
$0.001636
Bearish
BMON is below the 200-day exponential average, which keeps the longer-term structure under pressure.
RSI (14)
63.42
Neutral
RSI (14) is at 63.42, which keeps momentum in a balanced range.
Stoch RSI (14)
74.75
Neutral
Stoch RSI (14) is at 74.75, which suggests momentum is active but not yet extreme.
MACD
0.00004093
Bullish
MACD is above its signal line.
ATR
6.37%
Quiet
Volatility is below its 180-day median.
VWMA
$0.001438
Bullish
Price is above the volume-weighted average.
Commodity Channel Index (20)
65.50
Neutral
CCI (20) is at 65.50, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$0.00008848
Bullish
Awesome Oscillator is above zero at $0.00008848, which supports bullish momentum.
Williams Percent Range (14)
-55.57
Neutral
Williams Percent Range (14) is at -55.57, which keeps price in the middle of its recent range.
Bull Bear Power (13)
$0.00003454
Bullish
Bull Bear Power (13) is positive at $0.00003454, which suggests buyers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
21.79
Oversold
Ultimate Oscillator is weak at 21.79, which suggests multi-timeframe downside momentum may be stretched.
Hull Moving Average (9)
$0.001531
Bearish
BMON is trading below the Hull Moving Average (9), which weakens the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.001571
Bearish
BMON is trading below the Ichimoku base line, which points to weaker structure.
Assets Similar to Binamon

Over the past 7 days, Binamon price was most positively correlated with the price of XDC Network (XDC), Canton (CC), Zcash (ZEC), Plasma (XPL) and Quant (QNT) and most negatively correlated with the price of SPX6900 (SPX), LayerZero (ZRO), World Liberty Financial (WLFI), VeChain (VET) and Nexo (NEXO).

Positively Correlated Currencies
NameCorrelation
Image of XDC NetworkXDC Network0.485
Image of CantonCanton0.479
Image of ZcashZcash0.417
Image of PlasmaPlasma0.392
Image of QuantQuant0.381
Negatively Correlated Currencies
NameCorrelation
Image of SPX6900SPX6900-0.288
Image of LayerZeroLayerZero-0.224
Image of World Liberty FinancialWorld Liberty Financial-0.218
Image of VeChainVeChain-0.155
Image of NexoNexo-0.150

Binamon price is positively correlated with the top 10 coins by market cap with a price of 0.232, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.198. Currencies that are positively correlated with Binamon indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with Binamon, a move in one direction for Binamon would translate into a move in the opposite direction for the negatively correlated coin.

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