The setup lacks strong confirmation and carries enough risk to justify caution at current levels.
In the current Bear Volatile regime, the best-fit approach is Capital preservation / avoid chasing reversals. Downtrend pressure is being reinforced by unstable price action, which makes capital preservation and patience more important than trying to catch sharp countertrend moves.
Black Dragon 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.
| Level | Zone | Strength |
|---|---|---|
| Support 1 | $0.0₁₃1998 - $0.0₁₃2236 | |
| Resistance 1 | $0.0₁₃4474 - $0.0₁₃4841 | |
| Active 1 | $0.0₁₃1667 - $0.0₁₃4173 |
DRAGON clears the resistance zone at $0.0₁₃4474 - $0.0₁₃4841 and holds above it. That would strengthen the breakout case and shift attention to $0.0₁₃4474 - $0.0₁₃4841.
DRAGON loses the support zone at $0.0₁₃1998 - $0.0₁₃2236. That would weaken the setup and open the way toward $0.0₁₃1998 - $0.0₁₃2236.
DRAGON continues trading between $0.0₁₃2236 and $0.0₁₃4474. In that case, range-trading conditions remain active.
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.
| Indicator | Value | Signal | Interpretation |
|---|---|---|---|
| SMA50 | $0.0₁₃3290 | Bearish | DRAGON is trading below the 50-day average. |
| SMA200 | $0.0₁₃2960 | Bearish | DRAGON remains below the long-term trend line. |
| EMA50 | $0.0₁₃3050 | Bearish | DRAGON is trading below the 50-day exponential average, which weakens the recent trend. |
| EMA200 | $0.0₆1394 | Bearish | DRAGON is below the 200-day exponential average, which keeps the longer-term structure under pressure. |
| RSI (14) | 24.89 | Oversold | RSI (14) is depressed at 24.89, which suggests downside momentum may be getting exhausted. |
| Stoch RSI (14) | 25.30 | Neutral | Stoch RSI (14) is at 25.30, which suggests momentum is active but not yet extreme. |
| MACD | -3.336e-15 | Bearish | MACD is below its signal line. |
| ATR | 8.18% | Volatile | Volatility is above its 180-day median. |
| VWMA | $0.0₁₃2820 | Bearish | Price is below the volume-weighted average. |
| Commodity Channel Index (20) | -98.64 | Neutral | CCI (20) is at -98.64, which keeps price relatively close to its recent average. |
| Awesome Oscillator (5, 34) | $-9.184e-15 | Bearish | Awesome Oscillator is below zero at $-9.184e-15, which supports bearish momentum. |
| Williams Percent Range (14) | -95.82 | Oversold | Williams Percent Range (14) is near the bottom of its recent range at -95.82. |
| Bull Bear Power (13) | $-2.817e-15 | Bearish | Bull Bear Power (13) is negative at $-2.817e-15, which suggests sellers are controlling price relative to the EMA baseline. |
| Ultimate Oscillator (7, 14, 28) | 27.69 | Oversold | Ultimate Oscillator is weak at 27.69, which suggests multi-timeframe downside momentum may be stretched. |
| Hull Moving Average (9) | $0.0₁₃2177 | Bullish | DRAGON is trading above the Hull Moving Average (9), which supports the near-term trend. |
| Ichimoku Cloud B/L (9, 26, 52, 26) | $0.0₁₃3093 | Bearish | DRAGON is trading below the Ichimoku base line, which points to weaker structure. |
Over the past 7 days, Black Dragon price was most positively correlated with the price of Plasma (XPL), VeChain (VET), Bitcoin Cash (BCH), Beldex (BDX) and Bitcoin SV (BSV) and most negatively correlated with the price of Quant (QNT), Pump.fun (PUMP), XDC Network (XDC), JUST (JST) and Gnosis (GNO).
| Name | Correlation |
|---|---|
| Plasma | 0.908 |
| VeChain | 0.868 |
| Bitcoin Cash | 0.859 |
| Beldex | 0.838 |
| Bitcoin SV | 0.827 |
| Name | Correlation |
|---|---|
| Quant | -0.884 |
| Pump.fun | -0.854 |
| XDC Network | -0.839 |
| JUST | -0.780 |
| Gnosis | -0.778 |
Black Dragon price is positively correlated with the top 10 coins by market cap with a price of 0.276, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.215. Currencies that are positively correlated with Black Dragon 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 Black Dragon, a move in one direction for Black Dragon would translate into a move in the opposite direction for the negatively correlated coin.
