This is one of the strongest technical setups on the chart right now, with trend, momentum, and risk conditions all working together.
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.
Elemon 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 | $0.0003713 - $0.0004002 | |
| Support 2 | $0.0003612 - $0.0003706 | |
| Support 3 | $0.0003378 - $0.0003472 | |
| Support 4 | $0.0003025 - $0.0003316 | |
| Resistance 1 | $0.0004080 - $0.0004303 | |
| Resistance 2 | $0.0004502 - $0.0004596 | |
| Resistance 3 | $0.0004910 - $0.0005004 | |
| Resistance 4 | $0.0005108 - $0.0005202 |
ELMON clears the resistance zone at $0.0004080 - $0.0004303 and holds above it. That would strengthen the breakout case and shift attention to $0.0004502 - $0.0004596.
ELMON loses the support zone at $0.0003713 - $0.0004002. That would weaken the setup and open the way toward $0.0003612 - $0.0003706.
ELMON continues trading between $0.0004002 and $0.0004080. 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 | $0.0003807 | Bullish | ELMON is trading above the 50-day average. |
| SMA200 | $0.0003483 | Bullish | ELMON remains above the long-term trend line. |
| EMA50 | $0.0003806 | Bullish | ELMON is holding above the 50-day exponential average, which supports the recent trend. |
| EMA200 | $0.0003716 | Bullish | ELMON is above the 200-day exponential average, which keeps the longer-term structure constructive. |
| RSI (14) | 60.73 | Neutral | RSI (14) is at 60.73, which keeps momentum in a balanced range. |
| Stoch RSI (14) | 20.74 | Neutral | Stoch RSI (14) is at 20.74, which suggests momentum is active but not yet extreme. |
| MACD | 0.0₅6243 | Bearish | MACD is below its signal line. |
| ATR | 1.80% | Quiet | Volatility is below its 180-day median. |
| VWMA | $0.0004015 | Bullish | Price is above the volume-weighted average. |
| Commodity Channel Index (20) | 35.19 | Neutral | CCI (20) is at 35.19, which keeps price relatively close to its recent average. |
| Awesome Oscillator (5, 34) | $0.0₅9873 | Bullish | Awesome Oscillator is above zero at $0.0₅9873, which supports bullish momentum. |
| Williams Percent Range (14) | -73.32 | Neutral | Williams Percent Range (14) is at -73.32, which keeps price in the middle of its recent range. |
| Bull Bear Power (13) | $0.0₅1670 | Bullish | Bull Bear Power (13) is positive at $0.0₅1670, which suggests buyers are controlling price relative to the EMA baseline. |
| Ultimate Oscillator (7, 14, 28) | 46.53 | Neutral | Ultimate Oscillator is at 46.53, which suggests momentum is balanced across its short, medium, and long windows. |
| Hull Moving Average (9) | $0.0004015 | Bullish | ELMON is trading above the Hull Moving Average (9), which supports the near-term trend. |
| Ichimoku Cloud B/L (9, 26, 52, 26) | $0.0004015 | Bullish | ELMON is trading above the Ichimoku base line, which supports bullish structure. |
Over the past 7 days, Elemon price was most positively correlated with the price of Binance Coin (BNB), Hyperliquid (HYPE), Terra Classic (LUNC), Morpho (MORPHO) and PancakeSwap (CAKE) and most negatively correlated with the price of Pump.fun (PUMP), Internet Computer (ICP), Flare (FLR), Avalanche (AVAX) and Midnight (NIGHT).
| Name | Correlation |
|---|---|
| Binance Coin | 0.397 |
| Hyperliquid | 0.395 |
| Terra Classic | 0.355 |
| Morpho | 0.347 |
| PancakeSwap | 0.338 |
| Name | Correlation |
|---|---|
| Pump.fun | -0.400 |
| Internet Computer | -0.352 |
| Flare | -0.326 |
| Avalanche | -0.319 |
| Midnight | -0.316 |
Elemon price is positively correlated with the top 10 coins by market cap with a price of 0.050, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.058. Currencies that are positively correlated with Elemon 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 Elemon, a move in one direction for Elemon would translate into a move in the opposite direction for the negatively correlated coin.
