Price: 0.5 | EMA7: 0.55 | EMA25: 0.95 | RSI14: 34.59 | Resistance: 17.25 | Support: 0.3571 | Average Volume: 20719807.11 | Volume Trend: Decreasing
Based on the provided technical analysis, here is my interpretation and advice:
1. Long Entry Prices:
- Keep an eye on the EMA25 (currently around 0.94) as support. If the price breaks and stays above this line, consider opening a long position around this resistance level.
- Another potential entry point could be at the support around 0.3571 ACEUSDT. Be cautious if the previous support levels act as resistance afterward.
2. Short Entry Prices:
- Monitor the support level around 0.5 ACEUSDT. If the price breaks below this level, open a short position targeting the next major support around 0.3571 ACEUSDT.
3. Best Spot Buy Price:
- Consider buying ACEUSDT spot when it breaks above the EMA25 resistance level and maintains its positions, as it indicates a potential upward trend.
Remember, these prices are based on technical indicators and market behavior in recent weeks. Always make sure to conduct thorough research, stay updated with news, and manage your risk accordingly. Cryptocurrency markets are highly volatile, and prices can change rapidly.