Price: 0.0163 | EMA7: 0.02 | EMA25: 0.02 | RSI14: 28.65 | Resistance: 0.0185 | Support: 0.0161 | Average Volume: 929176.98 | Volume Trend: Decreasing
Based on the 1h technical analysis of ACAUSDT:
- The price is below both EMA7 and EMA25, indicating a downtrend.
- RSI14 is below 30, suggesting the asset is oversold.
- MACD is negative, confirming the downtrend.
**Long Entry:** Consider going long around 0.0161 (support level) with a stop loss below it. A potential target is 0.0175.
**Short Entry:** Consider shorting around 0.0185 (resistance level) with a stop loss above it. A potential target is 0.0161.
**Spot Buy:** The best spot buy price would be around 0.0161, considering it's a strong support level and the RSI indicates oversold conditions. However, wait for a bullish reversal signal (e.g., RSI moving back above 30, or a bullish candlestick pattern) before entering.