🤖 AI Insight

Based on the given technical analysis of ATMUSDT on the 1-hour chart:

- The price is currently at 1.047, slightly below the EMA7 (1.0496), indicating a potential bearish sentiment in the short term.
- EMA7 is below EMA25, reinforcing the bearish outlook as it indicates a short-term trend weaker than the longer-term trend.
- RSI14 is at 43.60, suggesting the asset is not yet oversold but is nearing that territory.
- MACD is negative (-0.0072), supporting the bearish sentiment.
- The nearest resistance is at 1.237, and support is at 1.004.

**Advice:**
- For a **Long Position**, a good entry would be above EMA7 or after a significant bullish reversal signal, ideally near the support level of 1.004 if it reaches there. So, a cautious long entry could be considered around 1.004 with a stop loss below it.
- For a **Short Position**, entry could be considered near the current EMA7 (1.0496) or slightly above if a bearish reversal is confirmed, with a stop loss above EMA25 or at a significant resistance level. However, a more conservative entry would be after a bounce off the resistance or a clear rejection at the EMA7/EMA25.
- **Best Spot Buy Price:** Around 1.004, if it reaches there, with a stop loss below that level.

**Entry Prices:**
- Long Entry: 1.004 (if reached) with Stop Loss below 1.004.
- Short Entry: 1.049 (cautious entry near EMA7) or after a confirmed bounce off resistance, with Stop Loss above 1.062 (EMA25).

Keep in mind, technical analysis is not foolproof, and other factors, including fundamental analysis and market sentiment, should be considered. Always manage risk with appropriate stop-loss orders.