Image of ENG
ENGEggle Energy
$0.001637
-1.28%
1D

Eggle Energy Analysis

Investment Score
A quick view into Eggle Energy's investment prospects.
4.0

The setup lacks strong confirmation and carries enough risk to justify caution at current levels.

What is helping
  • MACD is confirming the current directional bias.
  • Bollinger Squeeze: Bollinger Bands are at historically narrow levels, signaling a high-energy move is coiling. Watch for a directional break.
Main risks
  • Price is too close to resistance relative to nearby support.
  • The higher-timeframe trend is still working against fresh longs.
Market State Summary
Current regime
Bear Quiet
Confidence: 85%
Why this state?
  • ENG is below SMA50
  • SMA50 is above SMA200
  • SMA50 slope is negative over the last 10 days
  • 30-day return is negative
  • ATR volatility is below the 60th percentile of its trailing 180-day history
Suggested strategy

In the current Bear Quiet regime, the best-fit approach is Stay defensive and wait for confirmation. The market is weak without panic-level volatility, which usually argues for staying defensive, avoiding aggressive entries, and waiting for clearer evidence of a reversal.

Trend
Bearish
ENG is trading below key moving averages and the medium-term trend is still weakening.
Momentum
Neutral
RSI is 30.54, which is neither overbought nor oversold.
Volatility
Quiet
ENG ATR volatility is below the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.001693 - $0.001748
Support zone
$0.001444 - $0.001542
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bullish
ATR%
Quiet
Volume
Low
Support & Resistance

Eggle Energy 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
$0.001444 - $0.001542
Resistance zone
$0.001693 - $0.001748
Active zone
--
Levels Table
LevelZoneStrength
Support 1$0.001444 - $0.001542
Resistance 1$0.001693 - $0.001748
Resistance 2$0.001764 - $0.001851
Resistance 3$0.002043 - $0.002098
Resistance 4$0.002277 - $0.002332
Scenario Analysis
Bullish scenario

ENG clears the resistance zone at $0.001693 - $0.001748 and holds above it. That would strengthen the breakout case and shift attention to $0.001764 - $0.001851.

Bearish scenario

ENG loses the support zone at $0.001444 - $0.001542. That would weaken the setup and open the way toward $0.001444 - $0.001542.

Neutral scenario

ENG continues trading between $0.001542 and $0.001693. 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
$0.002226
Bearish
ENG is trading below the 50-day average.
SMA200
$0.002123
Bearish
ENG remains below the long-term trend line.
EMA50
$0.002128
Bearish
ENG is trading below the 50-day exponential average, which weakens the recent trend.
EMA200
$0.004744
Bearish
ENG is below the 200-day exponential average, which keeps the longer-term structure under pressure.
RSI (14)
30.54
Neutral
RSI (14) is at 30.54, which keeps momentum in a balanced range.
Stoch RSI (14)
65.86
Neutral
Stoch RSI (14) is at 65.86, which suggests momentum is active but not yet extreme.
MACD
-0.0001689
Bullish
MACD is above its signal line.
ATR
3.33%
Quiet
Volatility is below its 180-day median.
VWMA
$0.001790
Bearish
Price is below the volume-weighted average.
Commodity Channel Index (20)
-93.19
Neutral
CCI (20) is at -93.19, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$-0.0003730
Bearish
Awesome Oscillator is below zero at $-0.0003730, which supports bearish momentum.
Williams Percent Range (14)
-89.76
Oversold
Williams Percent Range (14) is near the bottom of its recent range at -89.76.
Bull Bear Power (13)
$-0.00008028
Bearish
Bull Bear Power (13) is negative at $-0.00008028, which suggests sellers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
45.15
Neutral
Ultimate Oscillator is at 45.15, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.001667
Bearish
ENG is trading below the Hull Moving Average (9), which weakens the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.002065
Bearish
ENG is trading below the Ichimoku base line, which points to weaker structure.
Assets Similar to Eggle Energy

Over the past 7 days, Eggle Energy price was most positively correlated with the price of SPX6900 (SPX), VeChain (VET), Uniswap (UNI), Arbitrum (ARB) and Beldex (BDX) and most negatively correlated with the price of XDC Network (XDC), Quant (QNT), SOON (SOON), Hedera Hashgraph (HBAR) and Pump.fun (PUMP).

Positively Correlated Currencies
NameCorrelation
Image of SPX6900SPX69000.871
Image of VeChainVeChain0.862
Image of UniswapUniswap0.847
Image of ArbitrumArbitrum0.829
Image of BeldexBeldex0.818
Negatively Correlated Currencies
NameCorrelation
Image of XDC NetworkXDC Network-0.720
Image of QuantQuant-0.659
Image of SOONSOON-0.631
Image of Hedera HashgraphHedera Hashgraph-0.628
Image of Pump.funPump.fun-0.602

Eggle Energy price is positively correlated with the top 10 coins by market cap with a price of 0.328, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.255. Currencies that are positively correlated with Eggle Energy 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 Eggle Energy, a move in one direction for Eggle Energy would translate into a move in the opposite direction for the negatively correlated coin.

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