Price: 0.003914 | EMA7: 0 | EMA25: 0 | RSI14: 39.86 | Resistance: 0.0058 | Support: 0.002991 | Average Volume: 793579443.33 | Volume Trend: Decreasing
Based on the 1D chart of AMPUSDT:
**Overview:** AMPUSDT is currently in a downtrend, with declining volume and a bearish MACD indicator. The RSI14 indicates that the asset is oversold.
**Buy/Sell Advice:**
- **Short Sell:** Sell AMPUSDT at the current price (0.003914) with a target of reaching the support level (0.002991) for a potential profit.
Recommended entry price: 0.00391
- **Stop-loss:** Set a stop-loss above the resistance level (0.0058) to minimize potential losses.
**Long Entry:**
- Wait for a bullish reversal signal (e.g., golden cross) and a sustained decrease in selling volume before considering a long position.
- Long entry will likely be triggered after the price breaks above the EMA25 level (0.0041544297773255).
**Spot Buy:**
- Avoid buying at the current market price due to the bearish sentiment and low trading volume.
- Consider buying AMPUSDT when the price shows a potential trend reversal (e.g., price breaks above the EMA25), and the volume starts to increase.
Recommend buying at: 0.0038 (above EMA7 line to increase chances of success)