Image of PREME
PREMEPREME Token
$0.001321
-1.72%
1D

PREME Token Analysis

Investment Score
A quick view into PREME Token's investment prospects.
3.7

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

What is helping
  • Volatility is relatively contained right now, which supports a cleaner trading environment.
  • Stoch RSI is near the lower end of its range, which suggests downside momentum may be getting exhausted.
Main risks
  • The higher-timeframe trend is still working against fresh longs.
  • Price is trading below the volume-weighted average, which suggests the move is losing volume-backed support.
Market State Summary
Current regime
Bear Quiet
Confidence: 95%
Why this state?
  • PREME is below SMA50
  • SMA50 is below SMA200
  • SMA50 slope is negative 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
PREME is trading below key moving averages and the medium-term trend is still weakening.
Momentum
Oversold
RSI is 25.63, which points to stretched downside momentum.
Volatility
Quiet
PREME ATR volatility is below the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.001382 - $0.001421
Active zone
$0.001312 - $0.001374
Support zone
$0.001280 - $0.001320
Chart Patterns
SMA50
SMA100
SMA200
RSI
Oversold
MACD
Bearish
ATR%
Quiet
Volume
Average
Support & Resistance

PREME Token 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
$0.001280 - $0.001320
Resistance zone
$0.001382 - $0.001421
Active zone
$0.001312 - $0.001374
Levels Table
LevelZoneStrength
Support 1$0.001280 - $0.001320
Resistance 1$0.001382 - $0.001421
Resistance 2$0.001432 - $0.001471
Resistance 3$0.001494 - $0.001534
Resistance 4$0.001562 - $0.001624
Active 1$0.001312 - $0.001374
Scenario Analysis
Bullish scenario

PREME clears the resistance zone at $0.001382 - $0.001421 and holds above it. That would strengthen the breakout case and shift attention to $0.001432 - $0.001471.

Bearish scenario

PREME loses the support zone at $0.001280 - $0.001320. That would weaken the setup and open the way toward $0.001280 - $0.001320.

Neutral scenario

PREME continues trading between $0.001320 and $0.001382. 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
$0.001532
Bearish
PREME is trading below the 50-day average.
SMA200
$0.002101
Bearish
PREME remains below the long-term trend line.
EMA50
$0.001562
Bearish
PREME is trading below the 50-day exponential average, which weakens the recent trend.
EMA200
$0.002004
Bearish
PREME is below the 200-day exponential average, which keeps the longer-term structure under pressure.
RSI (14)
25.63
Oversold
RSI (14) is depressed at 25.63, 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
-0.00006101
Bearish
MACD is below its signal line.
ATR
2.29%
Quiet
Volatility is below its 180-day median.
VWMA
$0.001498
Bearish
Price is below the volume-weighted average.
Commodity Channel Index (20)
-116.63
Bearish
CCI (20) is weak at -116.63, which shows price is trading well below its recent average.
Awesome Oscillator (5, 34)
$-0.0001285
Bearish
Awesome Oscillator is below zero at $-0.0001285, which supports bearish momentum.
Williams Percent Range (14)
-99.12
Oversold
Williams Percent Range (14) is near the bottom of its recent range at -99.12.
Bull Bear Power (13)
$-0.00007516
Bearish
Bull Bear Power (13) is negative at $-0.00007516, which suggests sellers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
31.35
Neutral
Ultimate Oscillator is at 31.35, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.001349
Bearish
PREME is trading below the Hull Moving Average (9), which weakens the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.001496
Bearish
PREME is trading below the Ichimoku base line, which points to weaker structure.
Assets Similar to PREME Token

Over the past 7 days, PREME Token price was most positively correlated with the price of Canton (CC), Binance Coin (BNB), Decred (DCR), Flare (FLR) and Jito (JTO) and most negatively correlated with the price of LEO Token (LEO), Monero (XMR), TRON (TRX), Basic Attention Token (BAT) and Pyth Network (PYTH).

Positively Correlated Currencies
NameCorrelation
Image of CantonCanton0.850
Image of Binance CoinBinance Coin0.841
Image of DecredDecred0.833
Image of FlareFlare0.831
Image of JitoJito0.823
Negatively Correlated Currencies
NameCorrelation
Image of LEO TokenLEO Token-0.689
Image of MoneroMonero-0.687
Image of TRONTRON-0.639
Image of Basic Attention TokenBasic Attention Token-0.618
Image of Pyth NetworkPyth Network-0.576

PREME Token price is positively correlated with the top 10 coins by market cap with a price of 0.338, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.507. Currencies that are positively correlated with PREME Token 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 PREME Token, a move in one direction for PREME Token would translate into a move in the opposite direction for the negatively correlated coin.

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