The asset still looks technically supportive, with multiple signals continuing to back the setup.
In the current Bull Quiet regime, the best-fit approach is Trend following / buy dips. Trend conditions are constructive and volatility is contained, which usually favors following the move higher and looking for pullbacks instead of fading strength.
Official Elon Coin 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 | $0.0002386 - $0.0002991 | |
| Resistance 1 | $0.0004012 - $0.0004240 | |
| Active 1 | $0.0003035 - $0.0003924 |
ELON clears the resistance zone at $0.0004012 - $0.0004240 and holds above it. That would strengthen the breakout case and shift attention to $0.0004012 - $0.0004240.
ELON loses the support zone at $0.0002386 - $0.0002991. That would weaken the setup and open the way toward $0.0002386 - $0.0002991.
ELON continues trading between $0.0002991 and $0.0004012. 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 | $0.0003202 | Bullish | ELON is trading above the 50-day average. |
| SMA200 | $0.0003180 | Bullish | ELON remains above the long-term trend line. |
| EMA50 | $0.0003327 | Bullish | ELON is holding above the 50-day exponential average, which supports the recent trend. |
| EMA200 | $0.0003629 | Bullish | ELON is above the 200-day exponential average, which keeps the longer-term structure constructive. |
| RSI (14) | 58.19 | Neutral | RSI (14) is at 58.19, which keeps momentum in a balanced range. |
| Stoch RSI (14) | 69.55 | Neutral | Stoch RSI (14) is at 69.55, which suggests momentum is active but not yet extreme. |
| MACD | 0.0₅8277 | Bearish | MACD is below its signal line. |
| ATR | 5.17% | Quiet | Volatility is below its 180-day median. |
| VWMA | $0.0003549 | Bullish | Price is above the volume-weighted average. |
| Commodity Channel Index (20) | 70.52 | Neutral | CCI (20) is at 70.52, which keeps price relatively close to its recent average. |
| Awesome Oscillator (5, 34) | $0.0₅6940 | Bullish | Awesome Oscillator is above zero at $0.0₅6940, which supports bullish momentum. |
| Williams Percent Range (14) | -32.28 | Neutral | Williams Percent Range (14) is at -32.28, which keeps price in the middle of its recent range. |
| Bull Bear Power (13) | $0.0₅7775 | Bullish | Bull Bear Power (13) is positive at $0.0₅7775, which suggests buyers are controlling price relative to the EMA baseline. |
| Ultimate Oscillator (7, 14, 28) | 55.97 | Neutral | Ultimate Oscillator is at 55.97, which suggests momentum is balanced across its short, medium, and long windows. |
| Hull Moving Average (9) | $0.0003749 | Bearish | ELON is trading below the Hull Moving Average (9), which weakens the near-term trend. |
| Ichimoku Cloud B/L (9, 26, 52, 26) | $0.0003575 | Bullish | ELON is trading above the Ichimoku base line, which supports bullish structure. |
Over the past 7 days, Official Elon Coin price was most positively correlated with the price of Solana (SOL), Mantle (MNT), Pudgy Penguins (PENGU), Pendle (PENDLE) and Aerodrome Finance (AERO) and most negatively correlated with the price of Pi Network (PI), LEO Token (LEO), Beldex (BDX), JUST (JST) and XDC Network (XDC).
| Name | Correlation |
|---|---|
| Solana | 0.970 |
| Mantle | 0.957 |
| Pudgy Penguins | 0.950 |
| Pendle | 0.946 |
| Aerodrome Finance | 0.944 |
| Name | Correlation |
|---|---|
| Pi Network | -0.288 |
| LEO Token | 0.011 |
| Beldex | 0.077 |
| JUST | 0.107 |
| XDC Network | 0.348 |
Official Elon Coin price is positively correlated with the top 10 coins by market cap with a price of 0.878, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.811. Currencies that are positively correlated with Official Elon Coin 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 Official Elon Coin, a move in one direction for Official Elon Coin would translate into a move in the opposite direction for the negatively correlated coin.
