Price: 4.933 | EMA7: 4.44 | EMA25: 4.36 | RSI14: 65.64 | Resistance: 6.416 | Support: 3.386 | Average Volume: 2782899.3 | Volume Trend: Increasing
Based on the 1-day technical analysis for ATOMUSDT, here are some insights and advice:
**Trading Advice:**
The chart suggests a bullish trend, with the RSI (Relative Strength Index) indicating a moderate buying pressure (65.64%). The MACD (Moving Average Convergence Divergence) is also in a bullish zone, indicating a potential upward momentum.
**Long/Short Entry Prices:**
* Long Entry: Consider entering a long position as the price approaches the EMAs (Exponential Moving Averages) 7 and 25, which are at 4.443 and 4.356, respectively. This could be around $4.40-$4.45.
* Short Entry: If the price breaks below the support level at $3.386, consider entering a short position.
**Best Spot Buy Price:**
Considering the current price of $4.933 and the above-mentioned EMAs, the best spot buy price would be around $4.40-$4.45. This would get you in near the EMAs and potentially benefit from the upward trend.
Please keep in mind that technical analysis is not a guarantee of success and should be used in conjunction with your own risk management and trade planning.