1. Observations from the Chart:
5 EMA, 8 EMA, and 13 EMA are visible:
Price is currently testing the 5 EMA and 8 EMA.
The 200 SMA is not in view, suggesting a focus on short to mid-term trends.
Recent price action shows an attempt to break above resistance.
MACD (8, 13) Indicator:
MACD Line (-4.77) crosses above the Signal Line (-6.01).
This suggests bullish...
