Price: 0.548 | EMA7: 0.55 | EMA25: 0.58 | RSI14: 42.88 | Resistance: 0.86 | Support: 0.425 | Average Volume: 2748761.88 | Volume Trend: Decreasing
Based on the technical analysis of ACEUSDT at 1d, here's a brief analysis:
The price is currently at 0.548, below EMA7 (0.5526) and EMA25 (0.5806), indicating a bearish trend. RSI14 is at 42.88, suggesting a potential oversold condition, but not yet a strong buy signal. MACD is negative, confirming the bearish trend.
For Long position, consider entry around 0.50-0.52, with a stop loss below 0.425 (support level).
For Short position, consider entry around 0.58-0.60, with a stop loss above 0.65.
For Spot buy, consider accumulating around 0.45-0.48, as it's closer to the support level.
Keep in mind that this is a brief analysis, and it's essential to monitor the market and adjust your strategy accordingly. Always set stop-loss and take-profit levels to manage risk.