#OCEANUSDT Daily Chart
Price previously barely missed the daily supply and is currently moving in a downtrend respecting perfectly the resistance line. MACD is showing bearish weakness but RSI is slightly below 50% and price is now below EMA ribbon. One more rejection is probable and price could reach the support at $0.4863 before moving upwards. However if a breakout occurs, we would wait for price to close above the resistance at $0.7325 before entering any position.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.