The asset looks technically constructive, but the current entry quality is not perfect.
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.
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 | $0.00 - $0.0₅3260 | |
| Resistance 1 | $0.0₅3260 - $0.00005821 | |
| Active 1 | $0.0₅2249 - $0.0₅6193 |
MELLSTROY clears the resistance zone at $0.0₅3260 - $0.00005821 and holds above it. That would strengthen the breakout case and shift attention to $0.0₅3260 - $0.00005821.
MELLSTROY loses the support zone at $0.00 - $0.0₅3260. That would weaken the setup and open the way toward $0.00 - $0.0₅3260.
MELLSTROY continues trading between $0.0₅3260 and $0.0₅3260. 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 | $0.0₅2972 | Bullish | MELLSTROY is trading above the 50-day average. |
| SMA200 | $0.0₅2715 | Bullish | MELLSTROY remains above the long-term trend line. |
| EMA50 | $0.0₅3032 | Bullish | MELLSTROY is holding above the 50-day exponential average, which supports the recent trend. |
| EMA200 | $0.0₅5500 | Bearish | MELLSTROY is below the 200-day exponential average, which keeps the longer-term structure under pressure. |
| RSI (14) | 96.58 | Overbought | RSI (14) is elevated at 96.58, which suggests upside momentum may be getting stretched. |
| Stoch RSI (14) | 0.00 | Oversold | Stoch RSI (14) is low at 0.00, which shows momentum is pressing near its recent lower extreme. |
| MACD | 0.0₇7553 | Bearish | MACD is below its signal line. |
| ATR | 0.00% | Quiet | Volatility is below its 180-day median. |
| VWMA | $0.0₅3260 | Bearish | Price is below the volume-weighted average. |
| Commodity Channel Index (20) | 66.67 | Neutral | CCI (20) is at 66.67, which keeps price relatively close to its recent average. |
| Awesome Oscillator (5, 34) | $0.0₆1251 | Bullish | Awesome Oscillator is above zero at $0.0₆1251, which supports bullish momentum. |
| Williams Percent Range (14) | 0.00 | Overbought | Williams Percent Range (14) is near the top of its recent range at 0.00. |
| Bull Bear Power (13) | $0.0₇1242 | Bullish | Bull Bear Power (13) is positive at $0.0₇1242, which suggests buyers are controlling price relative to the EMA baseline. |
| Ultimate Oscillator (7, 14, 28) | 14.04 | Oversold | Ultimate Oscillator is weak at 14.04, which suggests multi-timeframe downside momentum may be stretched. |
| Hull Moving Average (9) | $0.0₅3260 | Bullish | MELLSTROY is trading above the Hull Moving Average (9), which supports the near-term trend. |
| Ichimoku Cloud B/L (9, 26, 52, 26) | $0.0₅3093 | 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 Bitcoin Cash (BCH), BitTorrent (BTT), Bitcoin SV (BSV), Quant (QNT) and LayerZero (ZRO) and most negatively correlated with the price of Aster (ASTER), JUST (JST), Pendle (PENDLE), World Liberty Financial (WLFI) and Gnosis (GNO).
| Name | Correlation |
|---|---|
| Bitcoin Cash | 0.907 |
| BitTorrent | 0.902 |
| Bitcoin SV | 0.901 |
| Quant | 0.876 |
| LayerZero | 0.842 |
| Name | Correlation |
|---|---|
| Aster | -0.448 |
| JUST | -0.423 |
| Pendle | -0.270 |
| World Liberty Financial | -0.215 |
| Gnosis | -0.059 |
MELLSTROY price is positively correlated with the top 10 coins by market cap with a price of 0.432, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.504. 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.
