MELANIA traders, watch out for THIS trend reversal indicator!

• Melania jumped by 27.8%, when the volume increased by 49% and the open interest climbed to more than 35% – clear demand.
• Longs now dominates with 68% of the location, but $ 0.53 could become a key resistance for short -term profits.

After fighting on his price charts, he hit a new historical minimum, Official Meme Meme [MELANIA] made a strong rise.

For the first time in two weeks, MEMECOIN has recorded profits for three consecutive days. In fact, since this writing, Melania traded $ 0.47.

This meant an increase of 27.8%in the last 24 hours.

In the same period, its volume increased by 49.44%and reached $ 124.19 million, while the open interest rate increased by 35.85%and reached $ 49.10 million.

Price pump over the last day signals growing demand and interest after MEMECOIN reached DNA.

Buyers accumulate tokens 402 000

Buyers are therefore on the market when they entered to buy immersion.

In fact, we may notice from the above chart, buyers melania have he took on 402K chips with a positive delta 140 thousand tokens. This suggests that buyers dominate the market with multiple orders.

Sellers got 261,000 tokens for profit, but for the first time in days it was less power.

This shift in market behavior is verified by a recent bull by a crossover on RSI Melania Token.

When he looked at the MEMECOIN RSI, he increased from 33 to 49.46 at the time of the press. This increase is signaled by a growing purchase pressure with buyers who are beginning to anticipate sellers.

The next step above 50 would confirm the reversal of the complete trend.

Stoch RSI also performed another bull crossover and verified the previous movement of RSI. Movement suggests that melania records a strong upward and closes prices at heights.

Is Melania set to a permanent uptrend?

According to Ambrypt’s analysis, melania is experiencing a strong bull sentiment. This bull is evidenced by the fact that most traders now hold long positions.

The long -short ratio showed that 68% of traders held long positions, while only 31% leaned. This reflects strong beliefs in other profits.

Melania mesecoin seems to be accompanied by a high volume of trading and bias of buyers and is well placed for a strong jump on its price charts.

Therefore, if the current conditions last and the UPTrend continues, Melania will find another significant resistance around $ 0.53.

However, recent profits mean that a significant number of investors who have been underwater are now becoming profitable.

If the cohort turns into a profit realization, the uptrend can be short -lived and melania will be repeated to $ 0.40.