Scam is approaching oversold territory with RSI at 23.1, after moving 21.58% in 24 hours to $0.0011.

Scam Price Action Analysis

Scamcoin (Scam) is currently trading at $0.0011, having declined 21.58% over the last 24 hours against the backdrop of evolving market conditions. 24-hour trading volume stands at $11.16K. The price is contained within the Bollinger Bands (Upper: $0.0015, Lower: $0.0010), trading near the lower half around the middle band ($0.0013).

Scam Trading Activity & Liquidity

In the most recent hour, Scam recorded 2 trades totalling $0.047 in volume. Buyers accounted for 50% ($0.024) and sellers 50% ($0.023). 2 unique wallets participated. Available liquidity for Scam is $55.31K.

Scam Technical Analysis Summary

On the 1-hour timeframe, technical analysis generates a 'Neutral' signal with Medium confidence. The Average Directional Index (ADX) of 41.9 suggests a strong prevailing trend. Other oscillators like Stochastic %K (6.2) is oversold, CCI (-97.5) is neutral, Williams %R (-99.6) is oversold provide further context on short-term price momentum. The Relative Strength Index (RSI) is at 23.1, indicating potentially oversold conditions. The MACD indicator suggests bearish momentum, as the MACD line (-0.000070) is below the signal line (-0.000051) with a negative histogram (-0.000020).

Scam Price Prediction & Market Sentiment

The current outlook suggests that the short-term sentiment for Scam appears neutral. Scam awaits a clear catalyst for the next move. Current liquidity is $55.31K. The price is currently below the 20-period EMA ($0.0012), which reinforces the bearish outlook.