Price: 0.654 | EMA7: 0.67 | EMA25: 0.68 | RSI14: 38.08 | Resistance: 0.801 | Support: 0.614 | Average Volume: 248626.15 | Volume Trend: Decreasing
AGLDUSDT is showing signs of potential weakness.
* **Price Action:** Below both EMAs (7 and 25) suggests bearish momentum.
* **RSI:** Sub 50 implies oversold territory, but look for bullish divergence for confirmation.
* **MACD:** Bearish and flattening, needs to cross above zero for a bullish signal.
* **Volume:** Decreasing confirms weakening buying pressure.
**Advice:**
* **Short Entry:** Consider shorting at 0.667 (EMA7), with a stop above 0.678 (EMA25).
* **Long Entry:** Only enter longs upon a confirmed bullish reversal (RSI divergence, MACD cross). Target 0.70 initially, with risk below 0.614 (support).
* **Spot Buy Price:** Not recommended currently. Wait for a strong bullish signal.
Remember, this is a technical analysis and not financial advice. Manage risk carefully.