Trend and momentum are aligned, and the current chart still offers a constructive buy setup.
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.
CHELON 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 | $0.00 - $0.0₅2742 | |
| Resistance 1 | $0.0006677 - $0.0007063 | |
| Active 1 | $0.0₈8116 - $0.0₅8157 |
CHELON clears the resistance zone at $0.0006677 - $0.0007063 and holds above it. That would strengthen the breakout case and shift attention to $0.0006677 - $0.0007063.
CHELON loses the support zone at $0.00 - $0.0₅2742. That would weaken the setup and open the way toward $0.00 - $0.0₅2742.
CHELON continues trading between $0.0₅2742 and $0.0006677. 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 | $0.0₅2730 | Bullish | CHELON is trading above the 50-day average. |
| SMA200 | $0.0₅2376 | Bullish | CHELON remains above the long-term trend line. |
| EMA50 | $0.0₅2698 | Bullish | CHELON is holding above the 50-day exponential average, which supports the recent trend. |
| EMA200 | $0.00003145 | Bearish | CHELON is below the 200-day exponential average, which keeps the longer-term structure under pressure. |
| RSI (14) | 46.35 | Neutral | RSI (14) is at 46.35, which keeps momentum in a balanced range. |
| Stoch RSI (14) | 0.00 | Oversold | Stoch RSI (14) is low at 0.00, which shows momentum is pressing near its recent lower extreme. |
| MACD | -4.804e-9 | Bearish | MACD is below its signal line. |
| ATR | 0.00% | Quiet | Volatility is below its 180-day median. |
| VWMA | $0.0₅2709 | Bullish | Price is above the volume-weighted average. |
| Commodity Channel Index (20) | -27.42 | Neutral | CCI (20) is at -27.42, which keeps price relatively close to its recent average. |
| Awesome Oscillator (5, 34) | $-5.864e-8 | Bearish | Awesome Oscillator is below zero at $-5.864e-8, which supports bearish momentum. |
| Williams Percent Range (14) | 0.00 | Overbought | Williams Percent Range (14) is near the top of its recent range at 0.00. |
| Bull Bear Power (13) | $-7.850e-9 | Bearish | Bull Bear Power (13) is negative at $-7.850e-9, which suggests sellers are controlling price relative to the EMA baseline. |
| Ultimate Oscillator (7, 14, 28) | 1.63 | Oversold | Ultimate Oscillator is weak at 1.63, which suggests multi-timeframe downside momentum may be stretched. |
| Hull Moving Average (9) | $0.0₅2742 | Bearish | CHELON is trading below the Hull Moving Average (9), which weakens the near-term trend. |
| Ichimoku Cloud B/L (9, 26, 52, 26) | $0.0₅2858 | Bearish | CHELON is trading below the Ichimoku base line, which points to weaker structure. |
Over the past 7 days, CHELON price was most positively correlated with the price of Sun Token (SUN), Aave (AAVE), Hedera Hashgraph (HBAR), VeChain (VET) and Quant (QNT) and most negatively correlated with the price of Beldex (BDX), Stacks (STX), BitTorrent (BTT), KuCoin Token (KCS) and Basic Attention Token (BAT).
| Name | Correlation |
|---|---|
| Sun Token | 0.856 |
| Aave | 0.820 |
| Hedera Hashgraph | 0.810 |
| VeChain | 0.808 |
| Quant | 0.781 |
| Name | Correlation |
|---|---|
| Beldex | -0.779 |
| Stacks | -0.776 |
| BitTorrent | -0.693 |
| KuCoin Token | -0.681 |
| Basic Attention Token | -0.672 |
CHELON price is positively correlated with the top 10 coins by market cap with a price of 0.140, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.254. Currencies that are positively correlated with CHELON 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 CHELON, a move in one direction for CHELON would translate into a move in the opposite direction for the negatively correlated coin.
