Currently overbought as of the 9th of September, as it was previously both on the 25th June and the 23rd July. When the price drifts above the top Bollinger Bands this is generally a very clear signal of being overbought. Also when the RSI is above the 80 mark, this is also a confirmation of being overbought. The current support is both the 9 Day SMA and around the $0.05 price. The lower support level is $0.043 the previous resistance level.
The trend is obviously up, and is just taking a breather I believe. This is a very strong upwards trend to my way of thinking. The MACD is just trending back up as well, I good indication of the upwards trend continuing. Good recent volume levels as well.
Of course this is just my humble opinion, and should be taken as such. No guarantees provided!
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