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📊 Analysis: ANKRUSDT (1d)

Price: 0.0206 | EMA7: 0.02 | EMA25: 0.02 | RSI14: 61.09 | Resistance: 0.02971 | Support: 0.01359 | Average Volume: 134636780.15 | Volume Trend: Decreasing

🤖 AI Insight

Based on the given technical analysis, here's the information you requested:

1. Long (bullish) entry levels:
- Wait for the price to cross above both the EMA7 (0.019120921160932) and EMA25 (0.018837721426154) lines. Once this occurs, consider buying ANKRUSDT. A stop-loss order could be placed a few pips below the lower EMA to minimize potential losses.
- As a recommended long entry, you could wait for the price to close (4-hour or daily candlestick) above 0.02971 (resistance level). Place a stop-loss below the lower EMA and consider using a higher time frame exit strategy when the RSI, MACD, or other indicators confirm the sustained trend change.

2. Short (bearish) entry levels:
- Look for a bearish cross below both EMA7 and EMA25 lines. Place a stop-loss order a few pips above the higher EMA to minimize potential losses. A suggested short entry is when the price closes (4-hour or daily candlestick) below 0.01359 (support level). Again, use a higher time frame exit strategy when indicators like RSI, MACD confirm the trend reversal.

3. Spot buy price advice: Wait for an adequate period of stability, preferably after a retracement (pullback) towards the support level of 0.01359. Close (4-hour or daily candlestick) buy signal could be observed after the price's closure above 0.02971, confirming the upside momentum.

Regarding your question about the best Long/Short entry prices:

1. Best Long entry: Aim for the closing (4-hour or daily candlestick) of the price falling below the support level of 0.01359 and above the bullish crossover of both EMAs (MA crosses). Place a stop-loss below the higher EMA. However, be mindful of the timeframe and set more accurate targets based on the higher chart levels.

2. Best Short entry: Consider a close below the resistance level of 0.02971 followed by a bearish crossover of both EMAs. Placing the stop-loss above the lower EMA can protect your capital in case of a reversal. Ensure to follow a higher timeframe's guidance for entry confirmation and setting accurate stop-loss and profit targets.

Remember: Always double-check the market sentiment, volume, and Fibonacci retracement levels (like 0.02971/0.01359 levels) for a more profound understanding of potential market reaction and target prices before initiating any trade. Calculate your stop-loss and take-profit targets considering these levels. Monitor the volume surge during buy/sell attempts, as high volume confirms the stronger trend. Best of luck with your trade.