Price: 0.01667 | EMA7: 0.02 | EMA25: 0.02 | RSI14: 36.19 | Resistance: 0.01857 | Support: 0.01642 | Average Volume: 6071603.53 | Volume Trend: Decreasing
Based on the 1h chart of ANIMEUSDT, here's my technical analysis:
**Bearish bias**: RSI14 is oversold at 36.19, indicating a potential reversal. MACD is also bearish, suggesting a downtrend.
**Entry prices**:
* Short: 0.01655 (just below the current price) with a stop-loss at 0.01685 (above the EMA25)
* Long: Wait for a bounce from the Support at 0.01642, targeting a breakout above the Resistance at 0.01857
**Spot buy price**: 0.01642 (at the Support level), with a stop-loss at 0.01615
Please note that these are short-term trading recommendations based on technical analysis. It's essential to consider market fundamentals and risk management strategies before making any trading decisions.