GOAT Price Slides as Key Indicators Signal Weakness | Airdrop Alert Pro

The price of Goatseus Maximus (GOAT) has surged 34.19% over the past seven days and recently reached the $1 billion market capitalization milestone. However, technical indicators suggest that the uptrend is losing strength, with ADX and relative strength index Point out that momentum is waning.

While the EMA line remains bullish, the short-term trend is beginning to decline, indicating a possible shift in market sentiment. GOAT is now at a critical point, either testing resistance at $1.36 or facing a deeper correction in key support areas.

Current trends are losing momentum

goat ADX fell from 38 to 29.77 over the past few days, indicating a weakening trend strength. While the value still indicates that the asset is in an upward trend, the decline suggests that the momentum behind the current trend is waning.

ADX, or Average Directional Index, measures the strength of a trend on a scale from 0 to 100. Values ​​above 25 indicate a strong trend, while values ​​below 20 indicate a weak or directionless market.

With GOAT’s ADX now approaching its lower bound, this suggests that the current uptrend is losing steam. If ADX continues to fall further, traders should watch for signs of a potential downtrend or sideways movement during a market correction.

GOAT RSI shows neutral zone

GOAT is the largest token launched on Pumpfun today, Solana’s The largest coin launch pad. GOAT’s RSI has dropped to 50.60 from over 70 a few days ago, reflecting the cooling of bullish momentum. Previously in overbought territory above 70, the asset experienced strong upward pressure.

However, a drop to neutral levels signals a slowdown in buying activity, suggesting The recent rally has lost strength The market is recalibrating.

RSI (Relative Strength Index) measures the speed and magnitude of price changes to assess whether an asset is overbought or oversold. Values ​​above 70 indicate overbought conditions and the possibility of a pullback, while values ​​below 30 indicate oversold conditions and a possible recovery.

GOAT’s RSI is currently at 50.60, which is at neutral levels, which means the price lacks strong momentum in either direction.

GOAT Price Forecast: Potential 63% Revision

The GOAT EMA line remains bullish, but the short-term line is starting to fall, indicating momentum waning In an uptrend. This is consistent with the RSI and ADX, both of which indicate that the bullish trend is losing strength.

If the uptrend regains momentum, goat price Resistance is targeted at $1.36, indicating the potential for further gains. However, if downward pressure intensifies, support could test $0.80 and $0.69.

Failure to hold these areas could lead to a deeper pullback, possibly to $0.41, which would be a massive 63% drop from current levels and could knock the GOAT off the list. Top 10 Biggest Meme Coins.