Image of EGG
EGGNestree
$0.0002684
-11.47%
1D

Nestree Analysis

Investment Score
A quick view into Nestree's investment prospects.
3.5

The current setup is weak or too risky to treat as an attractive buy right now.

What is helping
  • Value Area Re-test: Price is trading below the lower Bollinger Band, historically a mean-reversion opportunity when broader trend support holds.
  • Bollinger Squeeze: Bollinger Bands are at historically narrow levels, signaling a high-energy move is coiling. Watch for a directional break.
Main risks
  • Price is too close to resistance relative to nearby support.
  • The higher-timeframe trend is still working against fresh longs.
Market State Summary
Current regime
Bear Quiet
Confidence: 64%
Why this state?
  • EGG is below SMA50
  • SMA50 is below SMA200
  • SMA50 slope is positive 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
EGG is trading below key moving averages and the medium-term trend is still weakening.
Momentum
Oversold
RSI is 29.90, which points to stretched downside momentum.
Volatility
Quiet
EGG ATR volatility is below the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.0002888 - $0.0003078
Support zone
$0.0001871 - $0.0002180
Chart Patterns
SMA50
SMA100
SMA200
RSI
Oversold
MACD
Bearish
ATR%
Quiet
Volume
Low
Support & Resistance

Nestree 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
$0.0001871 - $0.0002180
Resistance zone
$0.0002888 - $0.0003078
Active zone
--
Levels Table
LevelZoneStrength
Support 1$0.0001871 - $0.0002180
Resistance 1$0.0002888 - $0.0003078
Resistance 2$0.0003679 - $0.0004235
Resistance 3$0.0005068 - $0.0005601
Resistance 4$0.0005849 - $0.0006166
Scenario Analysis
Bullish scenario

EGG clears the resistance zone at $0.0002888 - $0.0003078 and holds above it. That would strengthen the breakout case and shift attention to $0.0003679 - $0.0004235.

Bearish scenario

EGG loses the support zone at $0.0001871 - $0.0002180. That would weaken the setup and open the way toward $0.0001871 - $0.0002180.

Neutral scenario

EGG continues trading between $0.0002180 and $0.0002888. 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
$0.0003617
Bearish
EGG is trading below the 50-day average.
SMA200
$0.0005623
Bearish
EGG remains below the long-term trend line.
EMA50
$0.0003564
Bearish
EGG is trading below the 50-day exponential average, which weakens the recent trend.
EMA200
$0.0005591
Bearish
EGG is below the 200-day exponential average, which keeps the longer-term structure under pressure.
RSI (14)
29.90
Oversold
RSI (14) is depressed at 29.90, which suggests downside momentum may be getting exhausted.
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
-0.00001756
Bearish
MACD is below its signal line.
ATR
8.23%
Quiet
Volatility is below its 180-day median.
VWMA
$0.0003798
Bearish
Price is below the volume-weighted average.
Commodity Channel Index (20)
-153.88
Bearish
CCI (20) is weak at -153.88, which shows price is trading well below its recent average.
Awesome Oscillator (5, 34)
$-0.00006285
Bearish
Awesome Oscillator is below zero at $-0.00006285, which supports bearish momentum.
Williams Percent Range (14)
-97.53
Oversold
Williams Percent Range (14) is near the bottom of its recent range at -97.53.
Bull Bear Power (13)
$-0.00004011
Bearish
Bull Bear Power (13) is negative at $-0.00004011, which suggests sellers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
33.67
Neutral
Ultimate Oscillator is at 33.67, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.0002954
Bearish
EGG is trading below the Hull Moving Average (9), which weakens the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.0004038
Bearish
EGG is trading below the Ichimoku base line, which points to weaker structure.
Assets Similar to Nestree

Over the past 7 days, Nestree price was most positively correlated with the price of Decred (DCR), Raydium (RAY), Quant (QNT), Cronos (CRO) and Hedera Hashgraph (HBAR) and most negatively correlated with the price of Basic Attention Token (BAT), Stacks (STX), Optimism (OP), LEO Token (LEO) and Beldex (BDX).

Positively Correlated Currencies
NameCorrelation
Image of DecredDecred0.876
Image of RaydiumRaydium0.854
Image of QuantQuant0.831
Image of CronosCronos0.796
Image of Hedera HashgraphHedera Hashgraph0.796
Negatively Correlated Currencies
NameCorrelation
Image of Basic Attention TokenBasic Attention Token-0.833
Image of StacksStacks-0.788
Image of OptimismOptimism-0.695
Image of LEO TokenLEO Token-0.682
Image of BeldexBeldex-0.677

Nestree price is positively correlated with the top 10 coins by market cap with a price of 0.037, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.230. Currencies that are positively correlated with Nestree 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 Nestree, a move in one direction for Nestree would translate into a move in the opposite direction for the negatively correlated coin.

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