Although SN73 has seen tentative bullish attempts and sentiment warming in the short term, the trading volume remains insufficient, and the key resistance level (recommended to refer to the median position, around **xx RMB/ton**) has not been effectively broken through. The market trend has yet to be confirmed. It is advised that investors use the interaction of trading volume and key price points as the core observation indicators. If a breakout is accompanied by increased volume, it is advisable to follow the trend; if volume fails to follow through or the price cannot hold above the median, be alert to trend reversals and pullback risks. Maintain a cautious strategy at high levels, and gradually enter at lower levels.

Recently, the market has begun to show signs of marginal improvement, with investor sentiment warming up in the short term. From SN73's candlestick chart, after consecutive adjustments, several small-bodied bullish candles have appeared, indicating that the bulls are making tentative entries. However, the trading volume has not increased significantly, showing that capital follow-through has not fully started yet. Further observation is needed to see if a more robust breakout with trading volume support can be formed.

SN73 is still operating within its previous consolidation range. The upper resistance remains concentrated near the median of the long-term downtrend channel, while the lower support is at the recent low formed by the bottoming retest. Although the price has attempted to return to the median of this range in the short term, it has not clearly reclaimed this position. Technical signals remain insufficient, which indirectly confirms that the market is still waiting for a more convincing turning point.

Considering the initial signs of improvement in recent market sentiment and candlestick technicals, it is still difficult to definitively state that SN73 has completely emerged from its consolidation pattern. In the short term, bulls need to increase trading volume and break through key resistance levels to confirm a new upward trend. If momentum fails to sustain, it may revert back to the range or even pull back further. Investors are advised to closely monitor the interaction between volume and key price levels to determine whether the trend continues or a false breakout risk arises.

Merit

The Bank of Japan is widely expected to keep interest rates unchanged on Tuesday, setting up a communication challenge for Governor Kazuo Ueda as the foundering yen hovers near levels that have prompted past interventions.

The probability of the Federal Reserve keeping interest rates unchanged in April is 100%, while the probability of a rate cut in June is only 4.7%.

FOMC Meeting: US Fed Expected To Hold Rates Till 2027 Despite Kevin Warsh Taking Charge

Senate Committee Sets April 29 Vote To Advance Pro-Crypto Warsh’s Fed Chair Nomination

The global oil shock has the Fed cornered just days before its next meeting — what that means for Bitcoin

The US Treasury market is focusing on the Federal Reserve meeting, with the probability of a rate cut by the end of the year rising to 40%.

One Week Preview | The Federal Reserve will announce its interest rate decision; MegaETH token TGE will take place on April 30.

Netanyahu orders IDF to intensify attacks on Hezbollah, ceasefire in doubt

Trump halts US-Iran peace talks, April 30 deal market plummets

Trump evacuated from White House dinner amid US-Iran tensions

Bybit-eu

Live chart for Merit to USD conversion. Check out SN73 to USD prices in real time. Convert, buy, sell, and trade Merit on Bybit-eu.

Merit Price: SN73 Live Price Today | SN73 Market Cap & Chart Analysis | Bybit-eu

current_price

price_change_24h

high_24h

low_24h

volume_24h

market_cap

circulating_supply

max_supply

ath_price

atl_price

SN73 price today is 0.98, with a live price change of -7.94 in the last 24 hours. Convert, buy, sell and trade SN73 on Bybit-eu.

Track Merit live price, market cap, 24-hour trading range, and real-time chart data on Bybit-eu.

Cena Merit

Statystyki cen

Aktualności Merit

Historia ceny (USD)

Cena Merit

Statystyki cen

Aktualności Merit

Historia ceny (USD)

Zeskanuj, aby pobrać aplikację

Obserwuj nas w mediach społecznościowych