The price of Goatseus Maximus (GOAT) has recently reached a new all-time high, accompanied by strong technical indicators suggesting a bullish trend. However, there are signs that the rally may be nearing its limit. The ADX, which measures trend strength, has dropped to 27.63, indicating a weakening trend compared to the previous week. The RSI has risen sharply to 67.63, suggesting strong buying momentum but also hinting at overbought conditions. The price surge coupled with the RSI suggests that a strong correction may be imminent. Although the EMA lines are bullish, the RSI entering overbought territory indicates potential downside risk. The closest support zone is around $0.76, and if this fails to hold, the price could drop to $0.69, suggesting a 39% correction.



Other News from Today