🤖 AI Insight

Based on the 1-week chart of ALTUSDT, I notice a significant drop in price, with a clear downwards trend. Here's my analysis:

* The short-term EMA7 is below the longer-term EMA25, indicating a bearish trend.
* The RSI14 is at 37.39, which is oversold, but not yet in extreme oversold territory. This suggests that the downward momentum may be slowing down.
* The MACD is trending downwards, which supports the bearish trend.
* The Resistance level is at 0.095, which is far above the current price. The current Support level is at 0.006, which is close to the current price.
* The Volume Trend is decreasing, which suggests that the trend may slow down or reverse.

As a technical analyst, I would advise the following:

* For a Long/Short entry, I would look for a rebound at around 0.02 to 0.022, which could be a good entry point for a short trade. The risk-reward ratio would be around 1:2 to 1:3.
* For a spot buy, I would wait for a confirmed reversal pattern, such as a hammer or inverted hammer, at a price around 0.015 to 0.018. This would indicate a potential bottom, and a spot buy at this price could involve lower risk.

Please note that this is a technical analysis, and it does not take into account any fundamental factors that may affect the price of ALTUSDT.