Price: 0.02191 | EMA7: 0.02 | EMA25: 0.02 | RSI14: 35.88 | Resistance: 0.02317 | Support: 0.02188 | Average Volume: 362922.87 | Volume Trend: Decreasing
Based on the 15m technical analysis of ASTRUSDT:
- The price is currently at 0.02191, below EMA7 (0.02194) and EMA25 (0.02207), indicating a downtrend.
- RSI14 is at 35.88, suggesting the asset is approaching oversold territory, potentially nearing a reversal.
- MACD is negative, reinforcing the bearish momentum.
**Long Entry Advice:** Consider a long entry if the price breaks above EMA7 (0.02194) and then above EMA25 (0.02207) with increasing volume, targeting a move towards the resistance at 0.02317. A more conservative entry would be above 0.02207 with a stop loss below 0.02188.
**Best Long Entry Price:** 0.0221 (above EMA25)
**Stop Loss:** 0.0218 (below support)
**Short Entry Advice:** For a short entry, consider selling if the price fails to break above EMA7 and continues down, potentially towards 0.02188. A break below 0.02188 could accelerate the downtrend.
**Best Short Entry Price:** 0.0218 (break of support)
**Stop Loss:** 0.0221 (above EMA25)
**Best Spot Buy Price:** 0.0215 (near the next potential support level or upon a confirmed reversal signal, such as a bullish divergence on RSI or a positive crossover on MACD).
Keep in mind that technical analysis is not foolproof and should be used in conjunction with other forms of analysis and risk management strategies.