Price: 0.524 | EMA7: 0.53 | EMA25: 0.53 | RSI14: 40.7 | Resistance: 0.563 | Support: 0.505 | Average Volume: 107897.03 | Volume Trend: Decreasing
Based on the 1h chart analysis, ACEUSDT is currently in a bearish trend. Here's my technical analysis and recommendations:
**Short-term trend:** Bearish
**RSI:** 40.7 (neutral, but close to oversold territory)
**MACD:** Bearish (-0.00117)
**Entry recommendations:**
* **Short entry:** 0.526 (just below the EMA7) with a stop-loss at 0.533 (above the EMA25)
* **Long entry:** 0.506 (near the support level) with a stop-loss at 0.498
**Spot buy price:** 0.506 (near the support level, with a potential bounce)
Be cautious of the decreasing volume trend, which may indicate a lack of interest in the asset. Monitor the volume and adjust your strategies accordingly.