Image of MILK
MILKMilkyWay
$0.00003115
0.01%
1D

MilkyWay Analysis

Investment Score
A quick view into MilkyWay's investment prospects.
4.9

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

What is helping
  • MACD is confirming the current directional bias.
  • The current level still offers a favorable reward-to-risk profile.
Main risks
  • The higher-timeframe trend is still working against fresh longs.
  • Price is trading below the Hull Moving Average (9), which points to weakening short-term momentum.
Market State Summary
Current regime
Bear Quiet
Confidence: 95%
Why this state?
  • MILK is below SMA50
  • SMA50 is below 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
MILK is trading below key moving averages and the medium-term trend is still weakening.
Momentum
Neutral
RSI is 34.64, which is neither overbought nor oversold.
Volatility
Quiet
MILK ATR volatility is below the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.00003279 - $0.00003377
Support zone
$0.00002971 - $0.00003068
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bullish
ATR%
Quiet
Volume
High
Support & Resistance

MilkyWay 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
$0.00002971 - $0.00003068
Resistance zone
$0.00003279 - $0.00003377
Active zone
--
Levels Table
LevelZoneStrength
Support 1$0.00002971 - $0.00003068
Resistance 1$0.00003279 - $0.00003377
Resistance 2$0.00003489 - $0.00003587
Resistance 3$0.00003621 - $0.00003718
Resistance 4$0.00003728 - $0.00003826
Scenario Analysis
Bullish scenario

MILK clears the resistance zone at $0.00003279 - $0.00003377 and holds above it. That would strengthen the breakout case and shift attention to $0.00003489 - $0.00003587.

Bearish scenario

MILK loses the support zone at $0.00002971 - $0.00003068. That would weaken the setup and open the way toward $0.00002971 - $0.00003068.

Neutral scenario

MILK continues trading between $0.00003068 and $0.00003279. 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
$0.00003779
Bearish
MILK is trading below the 50-day average.
SMA200
$0.0001582
Bearish
MILK remains below the long-term trend line.
EMA50
$0.00003753
Bearish
MILK is trading below the 50-day exponential average, which weakens the recent trend.
EMA200
$0.002293
Bearish
MILK is below the 200-day exponential average, which keeps the longer-term structure under pressure.
RSI (14)
34.64
Neutral
RSI (14) is at 34.64, which keeps momentum in a balanced range.
Stoch RSI (14)
68.07
Neutral
Stoch RSI (14) is at 68.07, which suggests momentum is active but not yet extreme.
MACD
-0.000001778
Bullish
MACD is above its signal line.
ATR
3.13%
Quiet
Volatility is below its 180-day median.
VWMA
$0.00003096
Bullish
Price is above the volume-weighted average.
Commodity Channel Index (20)
-39.72
Neutral
CCI (20) is at -39.72, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$-0.000003189
Bearish
Awesome Oscillator is below zero at $-0.000003189, which supports bearish momentum.
Williams Percent Range (14)
-80.09
Oversold
Williams Percent Range (14) is near the bottom of its recent range at -80.09.
Bull Bear Power (13)
$-3.579e-7
Bearish
Bull Bear Power (13) is negative at $-3.579e-7, which suggests sellers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
48.31
Neutral
Ultimate Oscillator is at 48.31, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.00003339
Bearish
MILK is trading below the Hull Moving Average (9), which weakens the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.00003364
Bearish
MILK is trading below the Ichimoku base line, which points to weaker structure.
Assets Similar to MilkyWay

Over the past 7 days, MilkyWay price was most positively correlated with the price of Celestia (TIA), Injective (INJ), TRON (TRX), Aster (ASTER) and LEO Token (LEO) and most negatively correlated with the price of Beldex (BDX), Canton (CC), BitTorrent (BTT), Decred (DCR) and JUST (JST).

Positively Correlated Currencies
NameCorrelation
Image of CelestiaCelestia0.708
Image of InjectiveInjective0.624
Image of TRONTRON0.610
Image of AsterAster0.459
Image of LEO TokenLEO Token0.387
Negatively Correlated Currencies
NameCorrelation
Image of BeldexBeldex-0.799
Image of CantonCanton-0.765
Image of BitTorrentBitTorrent-0.752
Image of DecredDecred-0.711
Image of JUSTJUST-0.703

MilkyWay price is negatively correlated with the top 10 coins by market cap with a price of -0.057, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.231. Currencies that are positively correlated with MilkyWay 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 MilkyWay, a move in one direction for MilkyWay would translate into a move in the opposite direction for the negatively correlated coin.

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