The asset looks technically constructive, but the current entry quality is not perfect.
In the current Sideways Quiet regime, the best-fit approach is Range trading / mean reversion. The market is balanced and relatively calm, which tends to reward mean-reversion behavior and range trading more than breakout chasing.
MelosBoom 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 | $0.001669 - $0.001679 | |
| Resistance 1 | $0.002149 - $0.002164 | |
| Active 1 | $0.001695 - $0.001713 |
MBOOM clears the resistance zone at $0.002149 - $0.002164 and holds above it. That would strengthen the breakout case and shift attention to $0.002149 - $0.002164.
MBOOM loses the support zone at $0.001669 - $0.001679. That would weaken the setup and open the way toward $0.001669 - $0.001679.
MBOOM continues trading between $0.001679 and $0.002149. 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 | $0.001692 | Bullish | MBOOM is trading above the 50-day average. |
| SMA200 | $0.002088 | Bearish | MBOOM remains below the long-term trend line. |
| EMA50 | $0.001728 | Bearish | MBOOM is trading below the 50-day exponential average, which weakens the recent trend. |
| EMA200 | $0.002136 | Bearish | MBOOM is below the 200-day exponential average, which keeps the longer-term structure under pressure. |
| RSI (14) | 62.84 | Neutral | RSI (14) is at 62.84, which keeps momentum in a balanced range. |
| 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 | -0.000001271 | Bullish | MACD is above its signal line. |
| ATR | 0.6926% | Quiet | Volatility is below its 180-day median. |
| VWMA | $0.001692 | Bullish | Price is above the volume-weighted average. |
| Commodity Channel Index (20) | 280.95 | Bullish | CCI (20) is strong at 280.95, which shows price is trading well above its recent average. |
| Awesome Oscillator (5, 34) | $0.0₅5157 | Bullish | Awesome Oscillator is above zero at $0.0₅5157, which supports bullish momentum. |
| Williams Percent Range (14) | -7.10 | Overbought | Williams Percent Range (14) is near the top of its recent range at -7.10. |
| Bull Bear Power (13) | $0.0₅7274 | Bullish | Bull Bear Power (13) is positive at $0.0₅7274, which suggests buyers are controlling price relative to the EMA baseline. |
| Ultimate Oscillator (7, 14, 28) | 73.39 | Overbought | Ultimate Oscillator is elevated at 73.39, which suggests multi-timeframe momentum may be overheated. |
| Hull Moving Average (9) | $0.001704 | Bullish | MBOOM is trading above the Hull Moving Average (9), which supports the near-term trend. |
| Ichimoku Cloud B/L (9, 26, 52, 26) | $0.001694 | Bullish | MBOOM is trading above the Ichimoku base line, which supports bullish structure. |
Over the past 7 days, MelosBoom price was most positively correlated with the price of Decred (DCR), Venice Token (VVV), Convex Finance (CVX), Dash (DASH) and BitTorrent (BTT) and most negatively correlated with the price of Sun Token (SUN), Kaia (KAIA), Avalanche (AVAX), Celestia (TIA) and Morpho (MORPHO).
| Name | Correlation |
|---|---|
| Decred | 0.725 |
| Venice Token | 0.703 |
| Convex Finance | 0.679 |
| Dash | 0.661 |
| BitTorrent | 0.654 |
| Name | Correlation |
|---|---|
| Sun Token | -0.669 |
| Kaia | -0.654 |
| Avalanche | -0.631 |
| Celestia | -0.630 |
| Morpho | -0.601 |
MelosBoom price is negatively correlated with the top 10 coins by market cap with a price of -0.311, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.007. Currencies that are positively correlated with MelosBoom 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 MelosBoom, a move in one direction for MelosBoom would translate into a move in the opposite direction for the negatively correlated coin.
