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📊 Analysis: AUSDT (1h)

Price: 0.5942 | EMA7: 0.6 | EMA25: 0.61 | RSI14: 32.71 | Resistance: 0.705 | Support: 0.56 | Average Volume: 1081362.31 | Volume Trend: Decreasing

🤖 AI Insight

Based on the 1-hour chart, here's my analysis:

The price is currently testing the 50% Fibonacci level of the recent downtrend. The RSI is oversold, indicating a potential bounce.

As for the trades:

* Long/Short entry price: 0.5920-0.5950. These levels are close to the recent low and could provide a good entry point for a bounce.
* Best spot buy price: 0.58-0.59. This level is a strong support zone and could provide a good entry point if the price bounces off it.

Remember to set stop-losses and adjust stops accordingly based on market volatility.

Disclaimer: This is not investment advice. Users should do their own research and take calculated risks before entering any trades.