🤖 AI Insight

Based on the provided technical analysis of ACAUSDT at a 1d chart, here's a brief overview:

- The asset price is 0.0295, above the EMA25 (0.030124582765788) but below the EMA7 (0.0302508706406). This indicates a potential short-term bearish trend.
- The RSI14 (47.710246118045) is around the middle, indicating a neutral sentiment.
- The MACD is near the zero line, indicating a potential shift in trend momentum.
- The average volume is decreasing, suggesting a possible lack of significant buying or selling pressure.
- Considering the overall trend and indicators, a potential long entry might be challenging in the current market conditions.

However, a short entry could be considered if ACAUSDT price touches the support level of 0.0221, which could result in a Long/Short entry around 0.0225 (slightly above the support level for a short) as it provides a decent margin of safety on the short position.

As for a long, I would advise against entering as the potential entry prices (0.0221 - 0.0306) are too close together with the asset price at 0.0295 and the potential short entry being closer.

Spot buy could be considered if ACAUSDT's price touches or is near its support level at 0.0221 for an aggressive move (spot) or if it tests the resistance level at 0.0379, failing to breach, for a potential price correction which could lead to Long/Short entry at 0.0295