Price: 0.755 | EMA7: 0.8 | EMA25: 0.98 | RSI14: 37.41 | Resistance: 3.288 | Support: 0.694 | Average Volume: 5191478.02 | Volume Trend: Increasing
Based on the technical analysis of ACMUSDT at 1w, here's a brief summary:
The current price is 0.755, below both EMA7 (0.804) and EMA25 (0.98), indicating a downtrend. RSI14 is at 37.41, suggesting the asset is oversold, potentially nearing a reversal. MACD is negative, confirming bearish momentum.
**Advice:**
- **Long Entry:** Consider a long position around the support level of 0.694, with a stop loss below it. A break above EMA7 (0.804) could be a good confirmation for a long.
- **Short Entry:** If the price bounces off the current levels and heads towards EMA7 (0.804), it could be a good short entry with a stop loss above EMA7.
- **Spot Buy:** The best spot buy price would be around 0.694, considering it's a strong support level.
Keep an eye on the increasing volume trend, as it might indicate a potential reversal or a significant move.