The setup has a mild positive bias, but the reward-to-risk is not clean enough to be aggressive.
In the current Bull Volatile regime, the best-fit approach is Follow the trend, but tighten risk control. The broader trend is still bullish, but price swings are wider and less forgiving, so the upside bias remains intact while execution and risk control need to be tighter.
Elementeum 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 | $0.00004794 - $0.00004945 | |
| Support 2 | $0.00004346 - $0.00004522 | |
| Support 3 | $0.00004020 - $0.00004171 | |
| Support 4 | $0.00003841 - $0.00003993 | |
| Resistance 1 | $0.00005859 - $0.00006011 | |
| Resistance 2 | $0.00006042 - $0.00006237 | |
| Resistance 3 | $0.00006546 - $0.00006697 | |
| Resistance 4 | $0.00006741 - $0.00006892 |
ELET clears the resistance zone at $0.00005859 - $0.00006011 and holds above it. That would strengthen the breakout case and shift attention to $0.00006042 - $0.00006237.
ELET loses the support zone at $0.00004794 - $0.00004945. That would weaken the setup and open the way toward $0.00004346 - $0.00004522.
ELET continues trading between $0.00004945 and $0.00005859. 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 | $0.00004629 | Bullish | ELET is trading above the 50-day average. |
| SMA200 | $0.00004618 | Bullish | ELET remains above the long-term trend line. |
| EMA50 | $0.00004766 | Bullish | ELET is holding above the 50-day exponential average, which supports the recent trend. |
| EMA200 | $0.00005989 | Bearish | ELET is below the 200-day exponential average, which keeps the longer-term structure under pressure. |
| RSI (14) | 99.97 | Overbought | RSI (14) is elevated at 99.97, which suggests upside momentum may be getting stretched. |
| Stoch RSI (14) | 100.00 | Overbought | Stoch RSI (14) is high at 100.00, which shows momentum is pressing near its recent upper extreme. |
| MACD | 0.0₅3401 | Bullish | MACD is above its signal line. |
| ATR | 2.05% | Volatile | Volatility is above its 180-day median. |
| VWMA | $0.00005701 | Bullish | Price is above the volume-weighted average. |
| Commodity Channel Index (20) | 100.21 | Bullish | CCI (20) is strong at 100.21, which shows price is trading well above its recent average. |
| Awesome Oscillator (5, 34) | $0.00001003 | Bullish | Awesome Oscillator is above zero at $0.00001003, which supports bullish momentum. |
| Williams Percent Range (14) | -23.70 | Neutral | Williams Percent Range (14) is at -23.70, which keeps price in the middle of its recent range. |
| Bull Bear Power (13) | $0.0₅4237 | Bullish | Bull Bear Power (13) is positive at $0.0₅4237, which suggests buyers are controlling price relative to the EMA baseline. |
| Ultimate Oscillator (7, 14, 28) | 76.30 | Overbought | Ultimate Oscillator is elevated at 76.30, which suggests multi-timeframe momentum may be overheated. |
| Hull Moving Average (9) | $0.00005844 | Bearish | ELET is trading below the Hull Moving Average (9), which weakens the near-term trend. |
| Ichimoku Cloud B/L (9, 26, 52, 26) | $0.00005271 | Bullish | ELET is trading above the Ichimoku base line, which supports bullish structure. |
Over the past 7 days, Elementeum price was most positively correlated with the price of Injective (INJ), Gnosis (GNO), Raydium (RAY), Tezos (XTZ) and GateToken (GT) and most negatively correlated with the price of Official Trump (TRUMP), World Liberty Financial (WLFI), APENFT (NFT), Hyperliquid (HYPE) and Gram (prev. Toncoin) (GRAM).
| Name | Correlation |
|---|---|
| Injective | 0.866 |
| Gnosis | 0.827 |
| Raydium | 0.712 |
| Tezos | 0.594 |
| GateToken | 0.550 |
| Name | Correlation |
|---|---|
| Official Trump | -0.857 |
| World Liberty Financial | -0.851 |
| APENFT | -0.781 |
| Hyperliquid | -0.738 |
| Gram (prev. Toncoin) | -0.713 |
Elementeum price is negatively correlated with the top 10 coins by market cap with a price of -0.059, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.155. Currencies that are positively correlated with Elementeum 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 Elementeum, a move in one direction for Elementeum would translate into a move in the opposite direction for the negatively correlated coin.
