Dogwifhat (WIFUSD) rose slightly in its latest intraday trading, supported by positive RSI signals as the token attempted to recover part of earlier losses. However, the broader short-term trend remains bearish, with price action moving along a descending slope and staying below the 50-period SMA, which maintains negative pressure. Meanwhile, RSI has reached overbought levels relative to price movement, signaling weakening bullish momentum.
Therefore, we expect the price to decline in upcoming intraday sessions, as long as resistance holds at 0.8560, with the next key support at 0.73063.
Today’s price forecast: Bearish.
Shiba Inu (SHIBUSDT) advanced slightly in its latest intraday trading, though the dominant short-term trend remains bearish with price action moving along a steep descending slope. The token continues to face negative pressure from trading below the 50-period SMA. Its recent gains were supported by positive RSI signals, but the indicator has now reached overbought territory, suggesting fading momentum and increasing the likelihood of a renewed decline.
Therefore, we expect the price to fall in upcoming intraday trading, as long as resistance holds at 0.000012573, with the next support level seen at 0.000011797.
Today’s price forecast: Bearish.
Eli Lilly and Company (LLY) declined in its latest intraday trading, with negative signals appearing on the RSI after reaching heavily overbought levels. The stock is attempting to unwind this pressure and regain positive momentum that could support a rebound. Its recent pullback has found support at the 50-day SMA, while the short-term corrective uptrend remains intact.
Therefore, we expect the stock to rise in upcoming intraday trading, provided support holds at 742.10, with the next target set at 802.50.
Today’s price forecast: Bullish.
Walmart Inc. (WMT) declined in its latest intraday trading after holding below the key resistance level of 105.30. This pullback comes as the stock attempts to ease overbought conditions on the RSI, which has been flashing negative signals. Still, the stock retains bullish momentum, supported by the dominant upward trend and trading along a short-term ascending slope. Added to that, staying above the 50-day SMA continues to provide dynamic support, strengthening the chances of a rebound.
Therefore, we expect the stock to rise in upcoming intraday trading, as long as support at 100.40 holds, with the main target being the tough resistance at 105.30.
Today’s price forecast: Bullish.