🤖 AI Insight

At the current price of 0.00244, BANANAS31USDT is showing bearish signals.

- The price is below EMA7 (0.00245) and EMA25 (0.00257), indicating a downtrend.
- RSI14 is at 39.68, suggesting the asset is nearing oversold territory, potentially setting up for a bounce.
- MACD is negative, reinforcing the bearish momentum.

For a **Long** position, consider entry around the support level at 0.002238 if it reaches there, as it might bounce back. However, a more conservative entry could be after a clear reversal signal above EMA7 (0.00245).

For a **Short** position, an entry could be considered near the current resistance or after a bounce to EMA7/EMA25 if it fails to break through. The resistance at 0.003353 is a good target to watch for a short.

For a **Spot Buy**, the best entry price would be around the support level at 0.002238, where the risk is lower and the potential for a bounce is higher.

Keep an eye on the volume; despite the decreasing trend, a sudden spike could indicate a reversal or a significant move.