Price: 0.02388 | EMA7: 0.02 | EMA25: 0.02 | RSI14: 45.98 | Resistance: 0.03032 | Support: 0.02074 | Average Volume: 56616342.32 | Volume Trend: Decreasing
Based on the technical analysis of ASTRUSDT at 1d:
- The price is below both EMA7 and EMA25, indicating a downtrend.
- RSI14 is below 50, suggesting bearish momentum.
- MACD is negative, confirming the bearish trend.
**Long Entry:** Consider a long entry if the price breaks above EMA7 (0.02436) and then EMA25 (0.02472), with a target resistance at 0.03032. A more conservative entry would be above 0.03032. **Best Long Entry Price:** 0.0248-0.0250 (slightly above EMA7 and below EMA25 for a potential retracement confirmation).
**Short Entry:** Given the current downtrend, consider a short entry at the current price or slightly below, targeting the support at 0.02074. **Best Short Entry Price:** 0.0235 (just below the current price, anticipating a continuation of the downtrend).
**Spot Buy:** For a spot buy, wait for a stronger bullish reversal signal, such as the price crossing above EMA25 and RSI14 moving above 50. **Best Spot Buy Price:** 0.0208-0.0210, if the support at 0.02074 holds and shows a bullish reversal.
Keep in mind that technical analysis should be used in conjunction with risk management strategies. Always set stop-loss levels for your trades (e.g., below 0.022 for long entries and above 0.025 for short entries).