The setup has a mild positive bias, but the reward-to-risk is not clean enough to be aggressive.
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.
Mugi 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 | $0.00002015 - $0.00002044 | |
| Support 2 | $0.00001833 - $0.00001935 | |
| Support 3 | $0.00001697 - $0.00001742 | |
| Support 4 | $0.00001505 - $0.00001534 | |
| Resistance 1 | $0.00002087 - $0.00002129 |
MUGI clears the resistance zone at $0.00002087 - $0.00002129 and holds above it. That would strengthen the breakout case and shift attention to $0.00002087 - $0.00002129.
MUGI loses the support zone at $0.00002015 - $0.00002044. That would weaken the setup and open the way toward $0.00001833 - $0.00001935.
MUGI continues trading between $0.00002044 and $0.00002087. 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 | $0.00001860 | Bullish | MUGI is trading above the 50-day average. |
| SMA200 | $0.00001731 | Bullish | MUGI remains above the long-term trend line. |
| EMA50 | $0.00001881 | Bullish | MUGI is holding above the 50-day exponential average, which supports the recent trend. |
| EMA200 | $0.00001982 | Bullish | MUGI is above the 200-day exponential average, which keeps the longer-term structure constructive. |
| RSI (14) | 65.35 | Neutral | RSI (14) is at 65.35, which keeps momentum in a balanced range. |
| Stoch RSI (14) | 57.51 | Neutral | Stoch RSI (14) is at 57.51, which suggests momentum is active but not yet extreme. |
| MACD | 0.0₆6408 | Bullish | MACD is above its signal line. |
| ATR | 1.37% | Volatile | Volatility is above its 180-day median. |
| VWMA | $0.00002024 | Bullish | Price is above the volume-weighted average. |
| Commodity Channel Index (20) | 92.69 | Neutral | CCI (20) is at 92.69, which keeps price relatively close to its recent average. |
| Awesome Oscillator (5, 34) | $0.0₅1051 | Bullish | Awesome Oscillator is above zero at $0.0₅1051, which supports bullish momentum. |
| Williams Percent Range (14) | -26.65 | Neutral | Williams Percent Range (14) is at -26.65, which keeps price in the middle of its recent range. |
| Bull Bear Power (13) | $0.0₆5847 | Bullish | Bull Bear Power (13) is positive at $0.0₆5847, which suggests buyers are controlling price relative to the EMA baseline. |
| Ultimate Oscillator (7, 14, 28) | 74.51 | Overbought | Ultimate Oscillator is elevated at 74.51, which suggests multi-timeframe momentum may be overheated. |
| Hull Moving Average (9) | $0.00002156 | Bearish | MUGI is trading below the Hull Moving Average (9), which weakens the near-term trend. |
| Ichimoku Cloud B/L (9, 26, 52, 26) | $0.00002049 | Bullish | MUGI is trading above the Ichimoku base line, which supports bullish structure. |
Over the past 7 days, Mugi price was most positively correlated with the price of BitTorrent (BTT), XDC Network (XDC), Bonk (BONK), Pudgy Penguins (PENGU) and Nexo (NEXO) and most negatively correlated with the price of Pendle (PENDLE), StarkNet (STRK), Gnosis (GNO), Aster (ASTER) and Tezos (XTZ).
| Name | Correlation |
|---|---|
| BitTorrent | 0.858 |
| XDC Network | 0.855 |
| Bonk | 0.849 |
| Pudgy Penguins | 0.844 |
| Nexo | 0.840 |
| Name | Correlation |
|---|---|
| Pendle | -0.787 |
| StarkNet | -0.765 |
| Gnosis | -0.694 |
| Aster | -0.677 |
| Tezos | -0.630 |
Mugi price is positively correlated with the top 10 coins by market cap with a price of 0.349, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.428. Currencies that are positively correlated with Mugi 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 Mugi, a move in one direction for Mugi would translate into a move in the opposite direction for the negatively correlated coin.
