Trend and momentum are aligned, and the current chart still offers a constructive buy 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 Meme 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 | $0.0₅3184 - $0.0₅4929 | |
| Resistance 1 | $0.0₅8192 - $0.0₅8539 | |
| Active 1 | $0.0₅3119 - $0.0₅6648 |
ELON clears the resistance zone at $0.0₅8192 - $0.0₅8539 and holds above it. That would strengthen the breakout case and shift attention to $0.0₅8192 - $0.0₅8539.
ELON loses the support zone at $0.0₅3184 - $0.0₅4929. That would weaken the setup and open the way toward $0.0₅3184 - $0.0₅4929.
ELON continues trading between $0.0₅4929 and $0.0₅8192. 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 | $0.0₅4705 | Bullish | ELON is trading above the 50-day average. |
| SMA200 | $0.0₅3916 | Bullish | ELON remains above the long-term trend line. |
| EMA50 | $0.0₅4685 | Bullish | ELON is holding above the 50-day exponential average, which supports the recent trend. |
| EMA200 | $0.0₅4364 | Bullish | ELON is above the 200-day exponential average, which keeps the longer-term structure constructive. |
| RSI (14) | 85.01 | Overbought | RSI (14) is elevated at 85.01, which suggests upside momentum may be getting stretched. |
| 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 | 0.0₇6138 | Bearish | MACD is below its signal line. |
| ATR | 0.00% | Quiet | Volatility is below its 180-day median. |
| VWMA | $0.0₅4929 | Bullish | Price is above the volume-weighted average. |
| Commodity Channel Index (20) | 66.67 | Neutral | CCI (20) is at 66.67, which keeps price relatively close to its recent average. |
| Awesome Oscillator (5, 34) | $0.0₇9351 | Bullish | Awesome Oscillator is above zero at $0.0₇9351, which supports bullish momentum. |
| Williams Percent Range (14) | 0.00 | Overbought | Williams Percent Range (14) is near the top of its recent range at 0.00. |
| Bull Bear Power (13) | $0.0₈6708 | Bullish | Bull Bear Power (13) is positive at $0.0₈6708, which suggests buyers are controlling price relative to the EMA baseline. |
| Ultimate Oscillator (7, 14, 28) | 10.16 | Oversold | Ultimate Oscillator is weak at 10.16, which suggests multi-timeframe downside momentum may be stretched. |
| Hull Moving Average (9) | $0.0₅4929 | Bullish | ELON is trading above the Hull Moving Average (9), which supports the near-term trend. |
| Ichimoku Cloud B/L (9, 26, 52, 26) | $0.0₅4929 | Bullish | ELON is trading above the Ichimoku base line, which supports bullish structure. |
Over the past 7 days, Official Elon Meme price was most positively correlated with the price of IOTA (IOTA), StarkNet (STRK), Aerodrome Finance (AERO), Tezos (XTZ) and Binance Coin (BNB) and most negatively correlated with the price of Pi Network (PI), XDC Network (XDC), PancakeSwap (CAKE), Mantle (MNT) and Flare (FLR).
| Name | Correlation |
|---|---|
| IOTA | 0.895 |
| StarkNet | 0.885 |
| Aerodrome Finance | 0.816 |
| Tezos | 0.808 |
| Binance Coin | 0.795 |
| Name | Correlation |
|---|---|
| Pi Network | -0.768 |
| XDC Network | -0.688 |
| PancakeSwap | -0.587 |
| Mantle | -0.504 |
| Flare | -0.456 |
Official Elon Meme price is positively correlated with the top 10 coins by market cap with a price of 0.357, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.260. Currencies that are positively correlated with Official Elon Meme 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 Meme, a move in one direction for Official Elon Meme would translate into a move in the opposite direction for the negatively correlated coin.
