Price: 1.0561 | EMA7: 1.03 | EMA25: 1.03 | RSI14: 55.96 | Resistance: 3.5 | Support: 0.756 | Average Volume: 5851458.51 | Volume Trend: Decreasing
For AEURUSDT at 1w:
- The current price is 1.0561, above both EMA7 (1.0337) and EMA25 (1.0286), indicating a bullish trend.
- RSI14 is at 55.956, suggesting the asset is not overbought.
- MACD is negative but nearing zero, indicating a potential bullish crossover.
**Advice:**
- **Long Entry:** Consider entering long around 1.033-1.028 (near EMA7 and EMA25) if it pulls back to these levels, with a stop loss below 1.028.
- **Short Entry:** Not recommended at the moment due to the bullish trend.
- **Spot Buy:** A good spot buy price would be around 1.033-1.028, if the price retraces to these levels, with a stop loss below the recent support or EMA25.
Keep in mind, resistance is at 3.5, a significant level to watch for potential reversal or consolidation. Support at 0.756 is far below the current price, serving as a strong downside support. Monitor volume trend; a decreasing volume might indicate a lack of conviction in the current trend.