Price: 24.12 | EMA7: 19.96 | EMA25: 28.32 | RSI14: 45.3 | Resistance: 78.68 | Support: 10.2 | Average Volume: 2060151.5 | Volume Trend: Decreasing
Based on the 1-week technical analysis of BANANAUSDT, here's my analysis:
The current price of 24.12 is above the EMA7, indicating a short-term uptrend. However, the MACD is negative, suggesting a bearish outlook. The RSI14 is at 45.3, which is in the neutral zone.
Considering the above factors, I would advise a Long/Short entry at a price around 23.50, where the EMA7 meets the current price, as this could be a good spot to catch a potential turn-around.
For a spot buy, I would recommend waiting for a pullback to around 20.50, where the price is likely to find support and the EMA25 may start moving upwards, creating a potential buying opportunity.
Key takeaways:
* Long/Short entry: 23.50
* Spot buy: 20.50