Price: 1.042 | EMA7: 1.05 | EMA25: 1.03 | RSI14: 57.13 | Resistance: 1.1 | Support: 0.846 | Average Volume: 123518.41 | Volume Trend: Decreasing
Based on the 1h chart of AGLDUSDT, here's my analysis and recommendations:
**Short-term**: The price is consolidating between the EMA7 and EMA25, indicating a neutral market. However, the RSI is overbought, suggesting a potential reversal. I recommend a Long/Short entry at 1.032 (20 pips below the current price) to capture the potential price drop.
**Best Long/Short exit price**: 1.005 (around 3 pips above the Support level) to limit losses in case the price drops.
**Long-term**: With the Resistance level at 1.1, I advise looking for a breakout above this level for a potential long opportunity. The Support level at 0.846 provides a safety net for short sellers.
**Best spot buy price**: Wait for a clear break above the Resistance level at 1.1 before considering a long entry. Any higher price will increase the risk of a reversal.
Remember to set stop-loss and take-profit levels accordingly, and adjust your trading strategy based on market conditions. Stay cautious due to the decreasing volume trend.