The asset looks technically constructive, but the current entry quality is not perfect.
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.
MELLSTROY 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 | $0.0₅2804 - $0.0₅2856 | |
| Support 2 | $0.0₅2690 - $0.0₅2742 | |
| Support 3 | $0.0₅2542 - $0.0₅2594 | |
| Support 4 | $0.0₅2388 - $0.0₅2514 | |
| Resistance 1 | $0.0₅3750 - $0.0₅3839 | |
| Resistance 2 | $0.0₅5069 - $0.0₅5121 | |
| Resistance 3 | $0.0₅5240 - $0.0₅5292 |
MELLSTROY clears the resistance zone at $0.0₅3750 - $0.0₅3839 and holds above it. That would strengthen the breakout case and shift attention to $0.0₅5069 - $0.0₅5121.
MELLSTROY loses the support zone at $0.0₅2804 - $0.0₅2856. That would weaken the setup and open the way toward $0.0₅2690 - $0.0₅2742.
MELLSTROY continues trading between $0.0₅2856 and $0.0₅3750. 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 | $0.0₅2555 | Bullish | MELLSTROY is trading above the 50-day average. |
| SMA200 | $0.0₅2601 | Bullish | MELLSTROY remains above the long-term trend line. |
| EMA50 | $0.0₅2619 | Bullish | MELLSTROY is holding above the 50-day exponential average, which supports the recent trend. |
| EMA200 | $0.0₅6346 | Bearish | MELLSTROY is below the 200-day exponential average, which keeps the longer-term structure under pressure. |
| RSI (14) | 89.35 | Overbought | RSI (14) is elevated at 89.35, 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 | 0.0₆1392 | Bullish | MACD is above its signal line. |
| ATR | 1.78% | Volatile | Volatility is above its 180-day median. |
| VWMA | $0.0₅2916 | Bullish | Price is above the volume-weighted average. |
| Commodity Channel Index (20) | 66.14 | Neutral | CCI (20) is at 66.14, which keeps price relatively close to its recent average. |
| Awesome Oscillator (5, 34) | $0.0₆4238 | Bullish | Awesome Oscillator is above zero at $0.0₆4238, which supports bullish momentum. |
| Williams Percent Range (14) | -3.29 | Overbought | Williams Percent Range (14) is near the top of its recent range at -3.29. |
| Bull Bear Power (13) | $0.0₆1160 | Bullish | Bull Bear Power (13) is positive at $0.0₆1160, which suggests buyers are controlling price relative to the EMA baseline. |
| Ultimate Oscillator (7, 14, 28) | 83.25 | Overbought | Ultimate Oscillator is elevated at 83.25, which suggests multi-timeframe momentum may be overheated. |
| Hull Moving Average (9) | $0.0₅2928 | Bearish | MELLSTROY is trading below the Hull Moving Average (9), which weakens the near-term trend. |
| Ichimoku Cloud B/L (9, 26, 52, 26) | $0.0₅2607 | Bullish | MELLSTROY is trading above the Ichimoku base line, which supports bullish structure. |
Over the past 7 days, MELLSTROY price was most positively correlated with the price of BitTorrent (BTT), Tezos (XTZ), Raydium (RAY), Venice Token (VVV) and TRON (TRX) and most negatively correlated with the price of Official Trump (TRUMP), Bitcoin SV (BSV), Sky (SKY), Floki Inu (FLOKI) and Pudgy Penguins (PENGU).
| Name | Correlation |
|---|---|
| BitTorrent | 0.756 |
| Tezos | 0.612 |
| Raydium | 0.593 |
| Venice Token | 0.541 |
| TRON | 0.536 |
| Name | Correlation |
|---|---|
| Official Trump | -0.852 |
| Bitcoin SV | -0.827 |
| Sky | -0.824 |
| Floki Inu | -0.805 |
| Pudgy Penguins | -0.797 |
MELLSTROY price is negatively correlated with the top 10 coins by market cap with a price of -0.337, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.402. Currencies that are positively correlated with MELLSTROY 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 MELLSTROY, a move in one direction for MELLSTROY would translate into a move in the opposite direction for the negatively correlated coin.
