Image of ELON
ELONOfficial Elon Meme
$0.0₅4929
0.00%
1D

Official Elon Meme Analysis

Investment Score
A quick view into Official Elon Meme's investment prospects.
7.3

The asset looks technically constructive, but the current entry quality is not perfect.

What is helping
  • MACD is confirming the current directional bias.
  • Price is trading above the Ichimoku base line, which keeps the broader structure supportive.
Main risks
  • ATR percentile is elevated, which signals a noisier market and a higher chance of sharp swings.
  • Momentum is extended, which raises the risk of chasing.
Market State Summary
Current regime
Bull Volatile
Confidence: 93%
Why this state?
  • ELON is above SMA50
  • SMA50 is above SMA200
  • SMA50 slope is positive over the last 10 days
  • 30-day return is positive
  • ATR volatility is above the 60th percentile of its trailing 180-day history
Suggested strategy

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.

Trend
Bullish
ELON is trading above key moving averages and the medium-term trend is still rising.
Momentum
Overbought
RSI is 85.01, which points to stretched upside momentum.
Volatility
Volatile
ELON ATR volatility is above the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.0₅5098 - $0.0₅5182
Support zone
$0.0₅4704 - $0.0₅4768
Chart Patterns
SMA50
SMA100
SMA200
RSI
Overbought
MACD
Bullish
ATR%
Volatile
Volume
High
Support & Resistance

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.

Support zone
$0.0₅4704 - $0.0₅4768
Resistance zone
$0.0₅5098 - $0.0₅5182
Active zone
--
Levels Table
LevelZoneStrength
Support 1$0.0₅4704 - $0.0₅4768
Support 2$0.0₅4387 - $0.0₅4451
Support 3$0.0₅4089 - $0.0₅4221
Support 4$0.0₅3941 - $0.0₅4005
Resistance 1$0.0₅5098 - $0.0₅5182
Resistance 2$0.0₅5215 - $0.0₅5279
Resistance 3$0.0₅5741 - $0.0₅5887
Scenario Analysis
Bullish scenario

ELON clears the resistance zone at $0.0₅5098 - $0.0₅5182 and holds above it. That would strengthen the breakout case and shift attention to $0.0₅5215 - $0.0₅5279.

Bearish scenario

ELON loses the support zone at $0.0₅4704 - $0.0₅4768. That would weaken the setup and open the way toward $0.0₅4387 - $0.0₅4451.

Neutral scenario

ELON continues trading between $0.0₅4768 and $0.0₅5098. 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
$0.0₅4398
Bullish
ELON is trading above the 50-day average.
SMA200
$0.0₅3777
Bullish
ELON remains above the long-term trend line.
EMA50
$0.0₅4364
Bullish
ELON is holding above the 50-day exponential average, which supports the recent trend.
EMA200
$0.0₅4232
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)
26.00
Neutral
Stoch RSI (14) is at 26.00, which suggests momentum is active but not yet extreme.
MACD
0.0₆1772
Bullish
MACD is above its signal line.
ATR
1.30%
Volatile
Volatility is above its 180-day median.
VWMA
$0.0₅4941
Bearish
Price is below the volume-weighted average.
Commodity Channel Index (20)
96.58
Neutral
CCI (20) is at 96.58, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$0.0₆4109
Bullish
Awesome Oscillator is above zero at $0.0₆4109, which supports bullish momentum.
Williams Percent Range (14)
-30.65
Neutral
Williams Percent Range (14) is at -30.65, which keeps price in the middle of its recent range.
Bull Bear Power (13)
$0.0₆1708
Bullish
Bull Bear Power (13) is positive at $0.0₆1708, which suggests buyers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
71.15
Overbought
Ultimate Oscillator is elevated at 71.15, which suggests multi-timeframe momentum may be overheated.
Hull Moving Average (9)
$0.0₅4981
Bearish
ELON is trading below the Hull Moving Average (9), which weakens the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.0₅4786
Bullish
ELON is trading above the Ichimoku base line, which supports bullish structure.
Assets Similar to Official Elon Meme

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).

Positively Correlated Currencies
NameCorrelation
Image of IOTAIOTA0.895
Image of StarkNetStarkNet0.885
Image of Aerodrome FinanceAerodrome Finance0.816
Image of TezosTezos0.808
Image of Binance CoinBinance Coin0.795
Negatively Correlated Currencies
NameCorrelation
Image of Pi NetworkPi Network-0.768
Image of XDC NetworkXDC Network-0.688
Image of PancakeSwapPancakeSwap-0.587
Image of MantleMantle-0.504
Image of FlareFlare-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.

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