🤖 AI Insight

Based on the technical analysis of ATOMUSDT at 1d:

- The price is below both EMA7 and EMA25, indicating a downtrend.
- RSI14 is at 32.94, suggesting the asset is approaching oversold territory, potentially nearing a bounce or consolidation.
- MACD is negative, reinforcing the bearish sentiment.

**Advice:**
- **Long Entry:** Consider a long position around 2.60 - 2.50 if the price continues to decline and shows signs of reversal (e.g., bullish divergence on RSI or a hammer candle). A break above EMA7 (currently around 3.01) could be a confirmation.
- **Short Entry:** If the downtrend continues, consider shorting around 2.70 (current price) with a stop loss above EMA7 (3.01) or more conservatively waiting for a bounce towards EMA7 or EMA25 to short with a better risk-reward ratio.
- **Spot Buy:** A good spot buy price could be around 2.50, considering the potential for a bounce from oversold conditions. However, wait for a clear sign of reversal before investing.

Keep an eye on the volume; a decreasing volume trend during a downtrend might indicate a lack of selling pressure, potentially leading to a reversal. Resistance is far at 4.97, and support is very low at 0.001, indicating a wide trading range. Manage your risk accordingly.