Image of SUMMIT
SUMMITSUMMIT
$0.0006916
0.00%
1D

SUMMIT Analysis

Investment Score
A quick view into SUMMIT's investment prospects.
4.5

The setup lacks strong confirmation and carries enough risk to justify caution at current levels.

What is helping
  • Squeeze Breakout Setup: Bollinger Bands are historically compressed and price is above EMA50, suggesting an expansion move may be underway.
  • Stoch RSI is near the lower end of its range, which suggests downside momentum may be getting exhausted.
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
Sideways Volatile
Confidence: 56%
Why this state?
  • SUMMIT is above SMA50
  • SMA50 is above SMA200
  • SMA50 slope is negative over the last 10 days
  • 30-day return is negative
  • ATR volatility is above the 60th percentile of its trailing 180-day history
Suggested strategy

In the current Sideways Volatile regime, the best-fit approach is Wait for breakout confirmation. Price is still non-directional, but volatility is elevated, so false moves are more common and waiting for a cleaner breakout confirmation is usually the better setup.

Trend
Sideways
SUMMIT is caught between bullish and bearish trend signals.
Momentum
Overbought
RSI is 95.83, which points to stretched upside momentum.
Volatility
Volatile
SUMMIT ATR volatility is above the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.0006916 - $0.0007054
Support zone
$0.0006777 - $0.0006916
Chart Patterns
SMA50
SMA100
SMA200
RSI
Overbought
MACD
Bearish
ATR%
Volatile
Volume
Average
Support & Resistance

SUMMIT 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
$0.0006777 - $0.0006916
Resistance zone
$0.0006916 - $0.0007054
Active zone
--
Levels Table
LevelZoneStrength
Support 1$0.0006777 - $0.0006916
Resistance 1$0.0006916 - $0.0007054
Scenario Analysis
Bullish scenario

SUMMIT clears the resistance zone at $0.0006916 - $0.0007054 and holds above it. That would strengthen the breakout case and shift attention to $0.0006916 - $0.0007054.

Bearish scenario

SUMMIT loses the support zone at $0.0006777 - $0.0006916. That would weaken the setup and open the way toward $0.0006777 - $0.0006916.

Neutral scenario

SUMMIT continues trading between $0.0006916 and $0.0006916. 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
$0.0006916
Bullish
SUMMIT is trading above the 50-day average.
SMA200
$0.0006916
Bullish
SUMMIT remains above the long-term trend line.
EMA50
$0.0006916
Bullish
SUMMIT is holding above the 50-day exponential average, which supports the recent trend.
EMA200
$0.0006910
Bullish
SUMMIT is above the 200-day exponential average, which keeps the longer-term structure constructive.
RSI (14)
95.83
Overbought
RSI (14) is elevated at 95.83, 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
0.0₁₇2927
Bearish
MACD is below its signal line.
ATR
0.00%
Volatile
Volatility is above its 180-day median.
VWMA
$0.0006916
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)
$0.0₁₈3253
Bullish
Awesome Oscillator is above zero at $0.0₁₈3253, 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)
$0.0₁₈3253
Bullish
Bull Bear Power (13) is positive at $0.0₁₈3253, which suggests buyers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
0.00
Oversold
Ultimate Oscillator is weak at 0.00, which suggests multi-timeframe downside momentum may be stretched.
Hull Moving Average (9)
$0.0006916
Bullish
SUMMIT is trading above the Hull Moving Average (9), which supports the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.0006916
Bullish
SUMMIT is trading above the Ichimoku base line, which supports bullish structure.
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