Price: 0.0011886 | EMA7: 0 | EMA25: 0 | RSI14: 40.64 | Resistance: 0.00125 | Support: 0.0011635 | Average Volume: 54885752.67 | Volume Trend: Decreasing
Based on the 1-hour chart of 1MBABYDOGEUSDT:
- The price is below both EMA7 and EMA25, indicating a downtrend.
- RSI14 is at 40.639, suggesting the asset is not oversold but has room to fall further before being considered oversold.
- MACD is negative, reinforcing the downtrend indication.
**Long Entry Advice:**
For a long position, consider waiting for a bullish reversal signal. A potential entry could be around the support level at 0.0011635 if it holds and shows signs of bouncing back, or a break above EMA7 (currently at 0.0011963) with a confirmed bullish candle.
**Best Long Entry Price:** Around 0.0011635 (if support holds) or upon a break above 0.0011963 with confirmation.
**Short Entry Advice:**
For a short position, the trend is in your favor as the price is below EMAs. Consider shorting around the resistance level at 0.00125 if the price touches it and shows signs of being rejected.
**Best Short Entry Price:** Around 0.00125 upon rejection.
**Best Spot Buy Price:** For a spot buy, considering the downtrend, a safer entry would be after a clear reversal signal, such as a strong bullish candle at or near the support level (0.0011635), or once the price stabilizes above EMA7 and EMA25 with increasing volume. Thus, a good spot buy could be around 0.0011635 if it holds, or slightly above 0.0011963 upon a clear bullish reversal.