Price: 0.7 | EMA7: 0.71 | EMA25: 0.7 | RSI14: 46.38 | Resistance: 0.777 | Support: 0.665 | Average Volume: 126191.98 | Volume Trend: Decreasing
Based on the 1h chart, AGLDUSDT appears to be in a descending trend. Here's my analysis:
* The EMA7 is slightly above the EMA25, indicating a bearish crossovers.
* The RSI14 is at a relatively low level of 46.4, which could indicate the potential for further downside.
* The MACD is positive but weakening, which could also indicate a potential reversal.
Based on this analysis, here are my recommendations:
* Long/Short Entry Price: Consider entering a short position at around 0.68-0.69, as the price is approaching the support level and the momentum indicators suggest further decline.
* Best Spot Buy Price: If you're looking to go long, consider buying at around 0.66, the level of support, as it's likely to attract buyers and provide some level of resistance.
Please note that this is a technical analysis and not a guarantee of future price movements. It's essential to monitor the chart and adjust your strategy accordingly.