The setup lacks strong confirmation and carries enough risk to justify caution at current levels.
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.
SharpLink Gaming 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 | $0.0₅5734 - $0.0₅6407 | |
| Resistance 1 | $0.0₅8243 - $0.0₅9014 | |
| Resistance 2 | $0.0₅9714 - $0.00001081 | |
| Active 1 | $0.0₅7441 - $0.0₅8118 |
SBET clears the resistance zone at $0.0₅8243 - $0.0₅9014 and holds above it. That would strengthen the breakout case and shift attention to $0.0₅9714 - $0.00001081.
SBET loses the support zone at $0.0₅5734 - $0.0₅6407. That would weaken the setup and open the way toward $0.0₅5734 - $0.0₅6407.
SBET continues trading between $0.0₅6407 and $0.0₅8243. 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 | $0.0₅8062 | Bearish | SBET is trading below the 50-day average. |
| SMA200 | $0.0₅8095 | Bearish | SBET remains below the long-term trend line. |
| EMA50 | $0.0₅7714 | Bearish | SBET is trading below the 50-day exponential average, which weakens the recent trend. |
| EMA200 | $0.00001807 | Bearish | SBET is below the 200-day exponential average, which keeps the longer-term structure under pressure. |
| RSI (14) | 47.79 | Neutral | RSI (14) is at 47.79, which keeps momentum in a balanced range. |
| Stoch RSI (14) | 5.68 | Oversold | Stoch RSI (14) is low at 5.68, which shows momentum is pressing near its recent lower extreme. |
| MACD | 0.0₈5234 | Bearish | MACD is below its signal line. |
| ATR | 5.19% | Quiet | Volatility is below its 180-day median. |
| VWMA | $0.0₅8454 | Bearish | Price is below the volume-weighted average. |
| Commodity Channel Index (20) | -1.67 | Neutral | CCI (20) is at -1.67, which keeps price relatively close to its recent average. |
| Awesome Oscillator (5, 34) | $-8.055e-8 | Bearish | Awesome Oscillator is below zero at $-8.055e-8, which supports bearish momentum. |
| Williams Percent Range (14) | -84.19 | Oversold | Williams Percent Range (14) is near the bottom of its recent range at -84.19. |
| Bull Bear Power (13) | $-1.299e-7 | Bearish | Bull Bear Power (13) is negative at $-1.299e-7, which suggests sellers are controlling price relative to the EMA baseline. |
| Ultimate Oscillator (7, 14, 28) | 33.41 | Neutral | Ultimate Oscillator is at 33.41, which suggests momentum is balanced across its short, medium, and long windows. |
| Hull Moving Average (9) | $0.0₅7533 | Bullish | SBET is trading above the Hull Moving Average (9), which supports the near-term trend. |
| Ichimoku Cloud B/L (9, 26, 52, 26) | $0.0₅8042 | Bearish | SBET is trading below the Ichimoku base line, which points to weaker structure. |
Over the past 7 days, SharpLink Gaming price was most positively correlated with the price of Ethena (ENA), Polygon Ecosystem Token (POL), Zcash (ZEC), PancakeSwap (CAKE) and Beldex (BDX) and most negatively correlated with the price of Midnight (NIGHT), Immutable X (IMX), Sky (SKY), Worldcoin (WLD) and Aave (AAVE).
| Name | Correlation |
|---|---|
| Ethena | 0.859 |
| Polygon Ecosystem Token | 0.811 |
| Zcash | 0.789 |
| PancakeSwap | 0.783 |
| Beldex | 0.777 |
| Name | Correlation |
|---|---|
| Midnight | -0.814 |
| Immutable X | -0.812 |
| Sky | -0.791 |
| Worldcoin | -0.786 |
| Aave | -0.778 |
SharpLink Gaming price is negatively correlated with the top 10 coins by market cap with a price of -0.017, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.040. Currencies that are positively correlated with SharpLink Gaming 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 SharpLink Gaming, a move in one direction for SharpLink Gaming would translate into a move in the opposite direction for the negatively correlated coin.
