Price: 0.00795 | EMA7: 0.01 | EMA25: 0.01 | RSI14: 39.63 | Resistance: 0.00821 | Support: 0.0078 | Average Volume: 4087272.41 | Volume Trend: Increasing
Based on the 15m chart of 1000CATUSDT, here's a brief analysis:
The current price is 0.00795, slightly below EMA7 (0.00798) and EMA25 (0.00799), indicating a bearish trend. RSI14 is at 39.63, suggesting the asset is approaching oversold territory, which might lead to a bounce.
For Long position, consider entry around 0.0078 (Support) or wait for a bounce back above EMA7 and EMA25, around 0.0081.
For Short position, consider entry around 0.0081 (Resistance) or on a break below 0.0078.
Best spot buy price: around 0.0078.
Keep in mind that this is a short-term analysis and the increasing volume trend may indicate a potential breakout or reversal. Monitor the price action closely.