Price: 0.0549 | EMA7: 0.06 | EMA25: 0.08 | RSI14: 35.26 | Resistance: 0.4028 | Support: 0.0494 | Average Volume: 157072409.07 | Volume Trend: Decreasing
Based on the technical analysis of AUDIOUSDT at 1W:
**Trend:** The price is in a downtrend, as indicated by the decreasing EMA7 and EMA25, and the MACD in negative territory.
**Indicators:**
* RSI14 at 35.26, which is oversold but not extremely low, suggesting potential for a bounce.
* MACD negative, indicating bearish momentum.
**Support and Resistance:**
* Support at 0.0494, which is close to the current price of 0.0549. A break below this could lead to further downside.
* Resistance at 0.4028, which is far from the current price, making it a significant barrier for any potential upside.
**Entry Prices:**
* **Long Entry:** Consider buying at 0.0494 (support) or a bounce above 0.06 ( conservative approach), with a stop loss below 0.048.
* **Short Entry:** Consider selling at 0.06 (EMA7) or on a break below 0.0494, with a stop loss above 0.065.
**Spot Buy Price:** For a spot buy, consider accumulating at 0.0494 - 0.05, which provides a relatively safe entry point with a limited downside risk.
**Volume Trend:** The decreasing volume trend suggests that the selling pressure is easing, which could lead to a potential reversal or consolidation.
Keep in mind that this analysis is based on 1W timeframe and market conditions can change rapidly. Always use proper risk management and consider multiple sources before making any trading decisions.