Price: 0.1092 | EMA7: 0.13 | EMA25: 0.23 | RSI14: 36.48 | Resistance: 2.58 | Support: 0.03 | Average Volume: 142713674.65 | Volume Trend: Decreasing
Based on the information provided, here is my analysis of AIUSDT for the past week:
1. Price: The current price of AIUSDT is $0.1092. However, considering the current trend is decreasing with average volume, it is advisable to wait for a potential pullback before entering the trade.
2. EMA7 and EMA25: The relative strength of the EMA25 suggests a downward trend and indicates potential weak support levels near 0.2291.
3. RSI14 and MACD: RSI14 is oversold (below 50), and MACD indicates a decreasing trend. These indicators suggest a possible reversal and a potential buy point.
4. Resistance and Support levels: The current resistance is around $2.58, and support is at $0.03. Wait for a valid breakout or breakdown before placing orders.
5. Volume trend: Volume is decreasing, indicating possible weak buying pressure.
6. Total Average Volume and Volume Trend: The total average volume is 141,772,436.56 UST, indicating weak demand. The volume trend is decreasing, which is not a favorable sign for bullish movements, in my opinion.
So, in summary, I recommend considering the following action points based on the provided data:
1. Awaiting a potential pullback near the EMA25 levels around $0.2291 for a potential long entry point.
2. Monitor the RSI14 and MACD indicators for a clear signal of reversal and a valid buy signal.
3. Set your stop-loss orders below the support levels around $0.03.
4. Wait for either a valid breakdown or a breakout of the mentioned resistance levels ($2.58) to confirm potential long positions in AIUSDT.
Consider these points when drafting your trading plan:
1. Long entry: Wait for a pullback near the EMA25 level.
2. Short entry: Set up the trade based on a breakdown of the support levels around $0.03 or a strong resistance breakout at $2.58.
Based on the current market trends and indicators, it is advisable to wait for the most optimal point to enter the market either long (pullback) or short (resistance breakdown or support breakdown). Take cautious trading decisions based on the gathered information.