Based on the data, the PNT (Penta) is currently trading at 0.1128 USDT. It exhibits a relatively neutral trend, with its 4-hour Relative Strength Index (RSI) at 42.24, the daily RSI at 49.23, and the weekly RSI at 46.61. The RSI values suggest that the currency is neither overbought nor oversold.
The 4-hour, daily, and weekly Moving Average Convergence Divergence (MACD) values are -0.0016, 0.0011, and -0.0121 respectively. These figures indicate a slight bearish bias on the weekly chart, but a more balanced view on the daily and 4-hour charts.
The Bollinger Band (Bb) values suggest that the currency is trading within a reasonable range and is not exhibiting extreme volatility.
Looking at the support and resistance levels, the immediate support levels on a 4-hour, daily, and weekly basis are 0.1076, 0.1000, and 0.0948 respectively. If the price falls below these levels, it could find further support at 0.1020, 0.0895, and 0.0865 respectively. On the flip side, the immediate resistance levels on a 4-hour, daily, and weekly basis are 0.1353, 0.1485, and 0.1406 respectively. If the price breaks above these levels, it could face further resistance at 0.1462, 0.1997, and 0.1872 respectively.
In conclusion, the currency is currently in a neutral state with a slight bearish bias on the weekly chart. It's crucial to monitor the support and resistance levels for potential breakout or breakdown scenarios. As always, it's recommended to use this analysis in conjunction with other indicators and strategies.
The 4-hour, daily, and weekly Moving Average Convergence Divergence (MACD) values are -0.0016, 0.0011, and -0.0121 respectively. These figures indicate a slight bearish bias on the weekly chart, but a more balanced view on the daily and 4-hour charts.
The Bollinger Band (Bb) values suggest that the currency is trading within a reasonable range and is not exhibiting extreme volatility.
Looking at the support and resistance levels, the immediate support levels on a 4-hour, daily, and weekly basis are 0.1076, 0.1000, and 0.0948 respectively. If the price falls below these levels, it could find further support at 0.1020, 0.0895, and 0.0865 respectively. On the flip side, the immediate resistance levels on a 4-hour, daily, and weekly basis are 0.1353, 0.1485, and 0.1406 respectively. If the price breaks above these levels, it could face further resistance at 0.1462, 0.1997, and 0.1872 respectively.
In conclusion, the currency is currently in a neutral state with a slight bearish bias on the weekly chart. It's crucial to monitor the support and resistance levels for potential breakout or breakdown scenarios. As always, it's recommended to use this analysis in conjunction with other indicators and strategies.