🤖 AI Insight

For API3USDT at 1w:

- Current price is 0.723, below both EMA7 (0.761) and EMA25 (0.993), indicating a downtrend.
- RSI14 is 42.539, suggesting the asset is nearing oversold territory but not yet there.
- MACD is negative, confirming bearish momentum.

**Long Entry:** Wait for a pullback to 0.65-0.7, then a strong bullish reversal candle. Best Long entry: 0.68 with a stop loss below 0.65.

**Short Entry:** If price bounces off resistance at EMA7 (0.761), consider shorting at 0.75 with a stop loss above 0.78.

**Spot Buy:** Best spot buy price around 0.5 (support level), but consider accumulating between 0.65-0.7 if signs of strong reversal appear.

Keep in mind that the overall trend is down, and it's crucial to monitor for signs of reversal or continuation. Decreasing volume could indicate a potential for a breakout or a significant move.