![\"Toshi](\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/03\/TOSHIUSDT_2025-03-12_14-10-01.png\")
<\/p>\nThe Toshi Coin price has soared 14% in the last 24 hours to trade at $0.0003533 as of 7:00 a.m. EST on a 37% pump in trading volume to $25 million.<\/p>\n
The Toshi\/USDT hourly chart shows an interesting technical setup, transitioning from a bearish trend to a potential bullish breakout. The price previously followed a bearish channel, marked by a series of lower highs and lower lows, indicating strong selling pressure. This downtrend persisted until the price reached a support level of around $0.000300, where buyers stepped in, leading to a shift in momentum.<\/p>\n
The breakout from this bearish channel means that selling pressure has weakened, and buyers are now attempting to regain control. Following this reversal, the price has formed an ascending triangle, a bullish continuation pattern that signals potential upside movement. The triangle’s upper boundary acts as resistance around $0.000358 – $0.000360, while the ascending trendline provides consistent support at progressively higher levels.<\/p>\n
Currently, the price is trading at $0.0003532, positioning itself near the resistance zone. If the price breaks above this level with strong volume confirmation, it could trigger a rally toward the next significant resistance at $0.000450.<\/p>\n
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TOSHIUSDT Analysis Source: Tradingview<\/p>\n
However, if the breakout attempt fails, the price may revisit the ascending trendline support between $0.000330 and $0.000340 before making another attempt. A breakdown below this trendline, especially with increasing selling pressure, could invalidate the bullish setup and push the price lower, potentially retesting the $0.000300 support level.<\/p>\n
The Relative Strength Index (RSI) currently stands at 57.72, indicating that the market is gaining bullish momentum but is not overbought. This indicates a steady upward trend, reinforcing the possibility of a breakout. Since the RSI is not in the overbought zone (above 70), there is still an opportunity for the bulls to push the price further upward before potential exhaustion.<\/p>\n
For a potential trade setup, traders should watch for a confirmed breakout above $0.000360, which could pave the way for a move toward $0.000450. If the breakout occurs with strong volume, it would validate bullish sentiment.<\/p>\n
Conversely, if the price falls below the ascending trendline and breaks $0.000325, the bullish structure would be invalidated, increasing the likelihood of further downside movement. Proper risk management, including a stop-loss near $0.000325, is advisable to mitigate potential losses.<\/p>\n
As the Toshi price picks up momentum for another bullish rally, an AI Pepe hybrid crypto project called MIND of Pepe (MIND)<\/a> continues to surge in its presale and has now crossed the $7.2 million milestone.<\/p>\n As the first AI version of PEPE, MIND of Pepe looks to capitalize on the hype around PEPE-inspired meme coins in recent months that has allowed projects like Wall Street Pepe (WEPE)<\/a> and Pepe Unchained (PEPU)<\/a> to raise millions of dollars in their presales and go on to perform in the market.<\/p>\n MIND of Pepe is an AI-driven platform that leverages hive-mind analysis to gather insights by connecting to social platforms like X, Discord, and others. By analyzing these sources, MIND identifies emerging crypto trends that could present profitable trading opportunities.<\/p>\n Interstellar. $MIND<\/a> pic.twitter.com\/3Ntiw8YOfy<\/a><\/p>\n — MIND of Pepe (@MINDofPepe) February 20, 2025<\/a><\/p><\/blockquote>\n\n