Image of OIL
OILDigital Oil Memecoin
$0.0001170
1.77%
1D

Digital Oil Memecoin Analysis

Investment Score
A quick view into Digital Oil Memecoin's investment prospects.
7.3

The asset looks technically constructive, but the current entry quality is not perfect.

What is helping
  • Squeeze Breakout Setup: Bollinger Bands are historically compressed and price is above EMA50, suggesting an expansion move may be underway.
  • Volatility is relatively contained right now, which supports a cleaner trading environment.
Main risks
  • Price is trading below the volume-weighted average, which suggests the move is losing volume-backed support.
  • Price is trading below the Hull Moving Average (9), which points to weakening short-term momentum.
Market State Summary
Current regime
Bull Quiet
Confidence: 80%
Why this state?
  • OIL 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
OIL is trading above key moving averages and the medium-term trend is still rising.
Momentum
Neutral
RSI is 49.18, which is neither overbought nor oversold.
Volatility
Quiet
OIL ATR volatility is below the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.0001193 - $0.0001432
Support zone
$0.0001020 - $0.0001120
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bearish
ATR%
Quiet
Volume
Low
Support & Resistance

Digital Oil Memecoin 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
$0.0001020 - $0.0001120
Resistance zone
$0.0001193 - $0.0001432
Active zone
--
Levels Table
LevelZoneStrength
Support 1$0.0001020 - $0.0001120
Support 2$0.00007098 - $0.00009190
Resistance 1$0.0001193 - $0.0001432
Resistance 2$0.0001439 - $0.0001645
Resistance 3$0.0001802 - $0.0001900
Resistance 4$0.0002019 - $0.0002116
Scenario Analysis
Bullish scenario

OIL clears the resistance zone at $0.0001193 - $0.0001432 and holds above it. That would strengthen the breakout case and shift attention to $0.0001439 - $0.0001645.

Bearish scenario

OIL loses the support zone at $0.0001020 - $0.0001120. That would weaken the setup and open the way toward $0.00007098 - $0.00009190.

Neutral scenario

OIL continues trading between $0.0001120 and $0.0001193. 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
$0.0001085
Bullish
OIL is trading above the 50-day average.
SMA200
$0.0001475
Bearish
OIL remains below the long-term trend line.
EMA50
$0.0001123
Bullish
OIL is holding above the 50-day exponential average, which supports the recent trend.
EMA200
$0.0001352
Bearish
OIL is below the 200-day exponential average, which keeps the longer-term structure under pressure.
RSI (14)
49.18
Neutral
RSI (14) is at 49.18, which keeps momentum in a balanced range.
Stoch RSI (14)
5.63
Oversold
Stoch RSI (14) is low at 5.63, which shows momentum is pressing near its recent lower extreme.
MACD
0.0₅2228
Bearish
MACD is below its signal line.
ATR
8.50%
Quiet
Volatility is below its 180-day median.
VWMA
$0.0001233
Bearish
Price is below the volume-weighted average.
Commodity Channel Index (20)
-40.93
Neutral
CCI (20) is at -40.93, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$0.0₅3832
Bullish
Awesome Oscillator is above zero at $0.0₅3832, which supports bullish momentum.
Williams Percent Range (14)
-77.75
Neutral
Williams Percent Range (14) is at -77.75, which keeps price in the middle of its recent range.
Bull Bear Power (13)
$-0.000001370
Bearish
Bull Bear Power (13) is negative at $-0.000001370, which suggests sellers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
39.06
Neutral
Ultimate Oscillator is at 39.06, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.0001188
Bearish
OIL is trading below the Hull Moving Average (9), which weakens the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.0001215
Bearish
OIL is trading below the Ichimoku base line, which points to weaker structure.
Assets Similar to Digital Oil Memecoin

Over the past 7 days, Digital Oil Memecoin price was most positively correlated with the price of Injective (INJ), Curve DAO Token (CRV), Algorand (ALGO), Filecoin (FIL) and Hedera Hashgraph (HBAR) and most negatively correlated with the price of Arbitrum (ARB), APENFT (NFT), Zcash (ZEC), Beldex (BDX) and Ethena (ENA).

Positively Correlated Currencies
NameCorrelation
Image of InjectiveInjective0.530
Image of Curve DAO TokenCurve DAO Token0.528
Image of AlgorandAlgorand0.508
Image of FilecoinFilecoin0.507
Image of Hedera HashgraphHedera Hashgraph0.504
Negatively Correlated Currencies
NameCorrelation
Image of ArbitrumArbitrum-0.417
Image of APENFTAPENFT-0.347
Image of ZcashZcash-0.280
Image of BeldexBeldex-0.082
Image of EthenaEthena-0.076

Digital Oil Memecoin price is positively correlated with the top 10 coins by market cap with a price of 0.218, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.233. Currencies that are positively correlated with Digital Oil Memecoin 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 Digital Oil Memecoin, a move in one direction for Digital Oil Memecoin would translate into a move in the opposite direction for the negatively correlated coin.

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