Price: 0.658 | EMA7: 0.65 | EMA25: 0.65 | RSI14: 59.08 | Resistance: 0.67 | Support: 0.577 | Average Volume: 33149.22 | Volume Trend: Decreasing
Based on the 15m chart for ACEUSDT:
- The EMA7 and EMA25 are trending downwards, indicating a bearish trend.
- The RSI14 is around 59, which is mildly overbought, suggesting a potential reversal.
- The MACD is slightly above the signal line, but the signal is weak.
- The decreasing volume trend and relatively low average volume hint at low market participation.
- The price has tested the recent support at 0.653, which may indicate a bouncing opportunity.
Long/Short advice:
- Best Long entry price: Above 0.662, targeting 0.670 resistance and potential reversal.
- Best Short entry price: Below 0.648, targeting 0.577 support and continuation of the downward trend.
Spot Buy advice:
- Given the mildly overbought RSI14 and weak MACD signal, it's best to wait for a pullback before buying.
- Look for a spot buy below 0.652 and target a 3-5% price increase.