Image of MELON
MELONMelon Dog
$0.00009973
-1.36%
1D

Melon Dog Analysis

Investment Score
A quick view into Melon Dog's investment prospects.
4.7

The chart is mixed right now, so patience is justified unless a better entry appears.

What is helping
  • Bollinger Squeeze: Bollinger Bands are at historically narrow levels, signaling a high-energy move is coiling. Watch for a directional break.
  • Volatility is relatively contained right now, which supports a cleaner trading environment.
Main risks
  • The higher-timeframe trend is still working against fresh longs.
  • Price is trading below the volume-weighted average, which suggests the move is losing volume-backed support.
Market State Summary
Current regime
Bear Quiet
Confidence: 85%
Why this state?
  • MELON 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
MELON is trading below key moving averages and the medium-term trend is still weakening.
Momentum
Neutral
RSI is 39.06, which is neither overbought nor oversold.
Volatility
Quiet
MELON ATR volatility is below the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.0001109 - $0.0001219
Active zone
$0.00009306 - $0.0001094
Support zone
$0.00008680 - $0.00009185
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bearish
ATR%
Quiet
Volume
Low
Support & Resistance

Melon Dog 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
$0.00008680 - $0.00009185
Resistance zone
$0.0001109 - $0.0001219
Active zone
$0.00009306 - $0.0001094
Levels Table
LevelZoneStrength
Support 1$0.00008680 - $0.00009185
Support 2$0.00007610 - $0.00008517
Resistance 1$0.0001109 - $0.0001219
Resistance 2$0.0001235 - $0.0001286
Resistance 3$0.0001302 - $0.0001369
Resistance 4$0.0001950 - $0.0002000
Active 1$0.00009306 - $0.0001094
Scenario Analysis
Bullish scenario

MELON clears the resistance zone at $0.0001109 - $0.0001219 and holds above it. That would strengthen the breakout case and shift attention to $0.0001235 - $0.0001286.

Bearish scenario

MELON loses the support zone at $0.00008680 - $0.00009185. That would weaken the setup and open the way toward $0.00007610 - $0.00008517.

Neutral scenario

MELON continues trading between $0.00009185 and $0.0001109. 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
$0.0001093
Bearish
MELON is trading below the 50-day average.
SMA200
$0.0001050
Bearish
MELON remains below the long-term trend line.
EMA50
$0.0001075
Bearish
MELON is trading below the 50-day exponential average, which weakens the recent trend.
EMA200
$0.0001310
Bearish
MELON is below the 200-day exponential average, which keeps the longer-term structure under pressure.
RSI (14)
39.06
Neutral
RSI (14) is at 39.06, which keeps momentum in a balanced range.
Stoch RSI (14)
25.22
Neutral
Stoch RSI (14) is at 25.22, which suggests momentum is active but not yet extreme.
MACD
-0.000002574
Bearish
MACD is below its signal line.
ATR
3.86%
Quiet
Volatility is below its 180-day median.
VWMA
$0.0001110
Bearish
Price is below the volume-weighted average.
Commodity Channel Index (20)
-88.30
Neutral
CCI (20) is at -88.30, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$-0.000007561
Bearish
Awesome Oscillator is below zero at $-0.000007561, which supports bearish momentum.
Williams Percent Range (14)
-80.31
Oversold
Williams Percent Range (14) is near the bottom of its recent range at -80.31.
Bull Bear Power (13)
$-0.000002745
Bearish
Bull Bear Power (13) is negative at $-0.000002745, which suggests sellers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
42.28
Neutral
Ultimate Oscillator is at 42.28, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.0001028
Bearish
MELON is trading below the Hull Moving Average (9), which weakens the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.0001115
Bearish
MELON is trading below the Ichimoku base line, which points to weaker structure.
Assets Similar to Melon Dog

Over the past 7 days, Melon Dog price was most positively correlated with the price of Venice Token (VVV), Worldcoin (WLD), Pump.fun (PUMP), Jupiter (JUP) and Curve DAO Token (CRV) and most negatively correlated with the price of TRON (TRX), APENFT (NFT), StarkNet (STRK), Beldex (BDX) and Celestia (TIA).

Positively Correlated Currencies
NameCorrelation
Image of Venice TokenVenice Token0.783
Image of WorldcoinWorldcoin0.772
Image of Pump.funPump.fun0.758
Image of JupiterJupiter0.750
Image of Curve DAO TokenCurve DAO Token0.736
Negatively Correlated Currencies
NameCorrelation
Image of TRONTRON-0.483
Image of APENFTAPENFT-0.285
Image of StarkNetStarkNet-0.285
Image of BeldexBeldex-0.248
Image of CelestiaCelestia-0.194

Melon Dog price is positively correlated with the top 10 coins by market cap with a price of 0.318, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.392. Currencies that are positively correlated with Melon Dog 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 Melon Dog, a move in one direction for Melon Dog would translate into a move in the opposite direction for the negatively correlated coin.

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