🤖 AI Insight

Based on the provided data, here is a brief analysis of AXSUSDT, focusing on daily trading:

Price: 0.4915
EMA7: 0.496431 (short-term trend indicator)
EMA25: 0.508458 (longer-term trend indicator)
RSI14: 44.50 (overbought or oversold indicator)
MACD: -0.009438 (trend momentum indicator)
Resistance: 0.7938 (price level where resistance is expected)
Support: 0.4524 (price level where support is expected)
Average Volume: 14422475.486458 (average amount of coins traded daily)
Volume Trend: Decreasing (the daily trading volume is decreasing, possibly indicating a potential downtrend)

Advice on entry points:

Long/Buy: Wait for a breakout above the resistance level (0.7938) when the volume trend starts to increase or a decrease in RSI indicator suggests oversold conditions. A typical entry price could be at 0.6 or slightly above resistance.

Short/Sell: Watch for a break below the support level (0.4524), further confirmed by the increase in volume trend and an oversold RSI value. A potential entry might be at 0.4 or shortly after break below support.

Additionally, I recommend monitoring the MACD for a bullish/bearish crossover, as it can confirm the trend direction and entry points. Always make sure to closely follow news and updates related to AXS as market sentiment and events can impact prices highly. Good luck with your trading decisions!